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.
