April 22, 2020
TOKYO, JAPAN - April 22, 2020 - As the world joins together to support healthcare workers and others on the front lines providing critical care to patients, Terumo Corporation (TSE: 4543) is donating USD 2.4 million in cash and products to support the novel coronavirus disease (COVID-19) relief efforts worldwide - including a USD 1 million donation to the COVID-19 Solidarity Response Fund for WHO.
The Solidarity Response Fund, a global effort to support the World Health Organization (WHO), established by the UN Foundation and the Swiss Philanthropy Foundation assists countries across the globe in the prevention, detection and response to the COVID-19 pandemic. Donations support the WHO and its partners' diligent efforts to track and understand the spread of COVID-19, help ensure patients get the care they need, and provide frontline workers with essential supplies and information. The fund also strives to accelerate research and development of vaccines, tests and treatments.
"We have the privilege of working in the healthcare industry, which comes with deep responsibility - particularly for those on the front lines each day, fighting the good fight - to ensure patients get the care they need, and to be armed with the resources and supplies to make this happen," said Shinjiro Sato, President & CEO, Terumo Corporation. "We all can play an important role in protecting everyone's health and safety, and through these efforts, we are honored to do our part."
In addition to this donation to the Solidarity Response Fund, Terumo has already made cash and product contributions totaling USD 1.4 million, including donating a large number of digital thermometers and vital cardiopulmonary support systems (ECMO, or Extracorporeal Membrane Oxygenation) to medical institutions.
As one of the largest global medical technology companies, Terumo provides life-supporting and lifesaving products so that healthcare professionals can continue to serve their patients worldwide. These include hardware used to treating COVID-19 patients, such as ECMO and apheresis systems, to medical products essential for daily clinical practice. Furthermore, Terumo continues to work with healthcare professionals and legislators to increase access to therapies that can impact COVID-19. Terumo will further strive to be of value to patients, medical professionals, and society at large.
Terumo (TSE:4543) is a global leader in medical technology and has been committed to "Contributing to Society through Healthcare" for nearly 100 years. Based in Tokyo and operating globally, Terumo employs more than 25,000 associates worldwide to provide innovative medical solutions in more than 160 countries and regions. The company started as a Japanese thermometer manufacturer, and has been supporting healthcare ever since. Now, its extensive business portfolio ranges from vascular intervention and cardio-surgical solutions, blood transfusion and cell therapy technology, to medical products essential for daily clinical practice. Terumo will further strive to be of value to patients, medical professionals, and society at large.
Corporate Communication Dept., Terumo Corporation
(Notice) 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 on 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. The market share information in this press release is partly derived from our own independent research.