USHIO INC. (HQ: Tokyo; President and CEO: Kenji Hamashima) announced the establishment of an R&D, manufacturing, and sales company for advanced medical and peripheral devices within China that has been made possible via a joint venture between two of USHIO’s wholly owned subsidiaries, USHIO (SUZHOU) CO., LTD. (hereinafter “USHIO SUZHOU”) and USHIO SHANGHAI, INC. (hereinafter “USHIO SHANGHAI”), and Sun-Bio Medical Device Co., Ltd. (HQ: Shanghai, China; President: Jiang Siwei; hereinafter “Sun-Bio”), a Chinese medical device technology development and sales company.