Japan's Terumo sets up $75m U.S. venture capital fund

Medical equipment maker aims to invest in advanced treatment startups

20240805N Terumo

A corporate venture capital division was set up within Terumo Americas Holding, located in New Jersey. (Terumo)

SHOKO KUGAI, Nikkei staff writer

TOKYO -- Japanese medical equipment maker Terumo has established a corporate venture capital fund that will invest $75 million in advanced technologies for cardiovascular treatment, with an eye on potential mergers and acquisitions in the future.

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