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TOKYO, JAPAN - September 20, 2019 - Terumo Corporation (TSE: 4543) today announced that it will construct an additional production facility for pre-filled syringes at the headquarter plant of Terumo Yamaguchi D&D Corporation, a Terumo subsidiary. The capital investment for the project will total approximately JPY 2 billion. The investments announced today and on July 9, 2018 will increase the production capacity at Terumo Yamaguchi D&D by approximately 2.5 times compared to the current capability.

Terumo Yamaguchi D&D Corporation operates a plant that produces Drug and Device (D&D) products, which combines medical devices with pharmaceutical drugs in a single product. The plant manufactures D&D products such as Hulio™ (adalimumab biosimilar)*1, which is currently available in Europe, and Teribone™ 28.2 µg subcutaneous autoinjector*2, which will be marketed in Japan.

The Alliance Division offers advanced devices to pharmaceutical companies, utilizing the experience and expertise Terumo has built up through years of prefilled device manufacturing. Every drug not only differs in its effects, but also has varying characteristics and usage situations. Terumo develops tailor made drug administration devices, such as syringes and needles materials suitable to each drug. Terumo also provides contract manufacturing, which leverages the company's advanced manufacturing technology of drug delivery device and combination product. The annual revenue ended March 2019 of the Alliance Division was JPY 20.4 billion, which was 30% growth year-on-year and contributed greatly to the overall Terumo group growth. The division is expected as the growth driver force for the General Hospital Company.

  • *1:

    The product of FUJIFILM KYOWA KIRIN BIOLOGICS Co., Ltd.

  • *2:

    The product of Asahi Kasei Pharma Corporation

About Terumo

Terumo (TSE: 4543) is a global medical innovation company. Guided by an unwavering commitment to patients, and driven by the passion of our associates, we strive to fulfill our Group Mission of “Contributing to Society through Healthcare.” Founded in Tokyo in 1921, we provide a comprehensive range of solutions in the fields of therapeutic procedures, hospital operations, and life sciences in more than 160 countries and regions.

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Among the information that Terumo discloses, the forward-looking statements including financial projections are based upon our assumptions using information available to us at the time and are not intended to be guarantees of future events or performance. Accordingly, it should be noted that actual results may differ from those forecasts or projections due to various factors. Factors affecting to actual results include, but are not limited to, changes in economic conditions surrounding Terumo, fluctuations of foreign exchange rates, and state of competition.

 

Information about products (including products currently in development) included in this material is not intended to constitute an advertisement or medical advice.

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