Japan’s Terumo to Buy British Firm for Organ Transplant Biz
Japanese medical equipment maker Terumo Corp. said Monday that it will fully acquire OrganOx Ltd., a British maker of equipment to preserve organs for transplantation, for 1.5 billion dollars. The acquisition will allow Terumo to make a full-fledged entry into the organ transplantation market, which is forecast to grow. Set up in 2008 as a spinoff from the University of Oxford, OrganOx developed medical equipment using normothermic machine perfusion, a technology to preserve organs by circulating fluids containing oxygen and nutrients through organs at near-body temperature.

