Japan's Terumo sets up $75m U.S. venture capital fund
TOKYO -- Japanese medical equipment maker Terumo has established a corporate venture capital fund that will invest $75 million in advanced technologies for cardiovascular treatment, with an eye on potential mergers and acquisitions in the future.
The Terumo Ventures division was launched at subsidiary Terumo Americas Holding unit. It will also set up bases in Boston and Silicon Valley in California, as well as Belgium.