New Canon BioMedical, Inc. to Focus on Opportunities in Medical Industry

Canon BioMedicalMarch 3, 2015 – While best known for printers, copiers, and cameras, Canon U.S.A. is setting up a new company that will focus on its bio-medical business. The new company, Canon BioMedical, Inc., will have its worldwide headquarters located at Canon U.S.A.’s headquarters in Melville, New York, in Long Island. Canon BioMedical will be a wholly owned subsidiary and will conduct development, manufacturing, and marketing for Canon’s life-science and molecular-diagnostics platform and will work to expand the use of Canon technology into other medical fields.

Of note is that last month, Canon Inc. of Japan also signaled its expansion into other industries with the announcement that it was seeking to acquire Swedish maker of video-surveillance systems Axis, to bolster its own security systems (see our story here).

Canon BioMedical will be under the leadership of President and CEO Akiko Tanaka. The new company will look for long-term future growth opportunities in “previously untapped markets” for Canon, such as life science, healthcare, and medical analysis through the use of existing and emerging Canon technology, as well as through strategic partnerships.

“We are truly excited and proud to launch Canon BioMedical, Inc., an American-born worldwide headquarters committed to bringing to market innovative technologies and solutions,” commented Joe Adachi, chairman and CEO of Canon U.S.A., Inc. “We look forward to bringing Canon technology to clinicians and scientists all over the world in an effort to assist in improving human health and in advancing science.”

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