kuraray


News Releases 2009

Notice Concerning the Transfer of Business Rights for Therapeutic Apheresis Device Business

Jun 2, 2009
Kuraray Medical Inc.
(Kuraray Group Company)

Kawasumi Laboratories, Inc.

Kuraray Medical Inc. (Head Office: Chiyoda-ku, Tokyo; President: Sadaaki Matsuyama) and Kawasumi Laboratories, Inc. (Head Office: Shinagawa-ku, Tokyo; President: Yukihiro Kawano). have announced the reaching of a basic agreement to transfer the business rights for Kuraray Medical's therapeutic apheresis device business to Kawasumi Laboratories on October 1, 2009 Details of the transfer are as follows.

Reference

Kuraray Medical Inc. corporate profile
President Sadaaki Matsuyama
Established June 2001
Paid-in capital ¥300 million (100% owned by Kuraray Co., Ltd.)
Head office 1-1-3, Otemachi, Chiyoda-ku, Tokyo
Production facilities Kurashiki Plant (Okayama Prefecture)
Main products Therapeutic apheresis products, dental adhesives and filling resin
Net sales ¥7 billion (Fiscal year ended March 31, 2009)
Employees Approximately 250 (As of March 31, 2009)
Kawasumi Laboratories, Inc. corporate profile
President Yukihiro Kawano
Established June, 1957
Paid-in capital ¥6.6 billion
Head office 3-28-15, Minami-Oi, Shinagawa-ku, Tokyo
Production facilities Saiki Plant, Yayoi Plant, Mie Plant (Oita Prefecture)
Main products Manufacture and sale, export and import of medical devices and pharmaceuticals
Net sales ¥28.8 billion (Fiscal year ended March 31, 2009, non-consolidated)
Employees Approximately 1,000 (Fiscal year ended March 31, 2009)

Explanation of Terms

Apheresis Therapy
Apheresis therapy involves the utilization of a device as a therapeutic system to treat the blood of patients in liver failure, a condition that is difficult to treat using only drugs and other medical therapies. Apheresis involves eliminating etiologic agents that are found in blood plasma through extracorporeal circulation. The filtration material used in the apheresis device includes a hollow-fiber membrane derived from synthetic polymer (polysulfone, EVOH, polyacrylonitrile, polyethylene, etc.) an absorbent and nonwoven fabric.