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Nikon plans to pour funds into medical startups

TOKYO -- Nikon is the latest company to look to startups as a way to cultivate new business fields.

     Over the next three fiscal years, the Tokyo-based company intends to invest as much as 30 billion yen ($280 million) in medical-related startups and turn what is now a business with virtually zero sales into one with sales of 130 billion yen and operating profit of 4 billion yen in fiscal 2016.

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