Japan's Terumo justifies $1.5bn organ transplant deal after share slide

Medical device maker aims to diversify with acquisition of Oxford University spinout

20250828 Hikari Samejima

Terumo CEO Hikaru Samejima speaks at a press conference on Wednesday. (Photo by Mitsuru Obe)

MITSURU OBE

TOKYO -- Japanese medical device maker Terumo on Wednesday vowed to continue its expansion into new growth fields through mergers and acquisitions after a $1.5 billion deal announced Monday was met with a share price slide.

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