In Latin America, Japanese medical firms find wealth of benefits

Low labor and shipping costs, green energy draw Terumo, Nipro and others

20230131N terumo factory costa rica

Terumo's new factory in Costa Rica makes tubing kits used for cardiovascular surgeries. (Photo courtesy of Terumo)

ARATA SHIGENO, Nikkei staff writer

TOKYO -- Japanese medical device makers such as Terumo and Nipro have invested heavily in Latin American countries due to advantages in labor costs, location and in reducing their carbon footprint.

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