Panasonic Healthcare Company of North America

PANASONIC ANNOUNCES FORMATION OF PANASONIC HEALTHCARE COMPANY OF NORTH AMERICA

Secaucus, NJ (April 3, 2012) - Panasonic Corporation of North America today announced the formation of Panasonic Healthcare Company of North America.  The newly formed company will consolidate the business operations of the former Panasonic Healthcare Group and the former Sanyo Biomedical Solutions Division.  Based in Secaucus, NJ the company will also have operations in Wood Dale, Illinois and Houston, Texas and will be led by Yoshi Yuasa.

Panasonic Healthcare Company of North America is committed to providing innovative technological solutions for healthcare and life sciences needs. Focused business efforts will include the Panasonic digital hearing instruments and CardioHealth® Station of the former Panasonic Healthcare Group, pharmacy automation technology and biomedical and other life science support products of Sanyo Biomedical Solutions Division.  The new company will support Panasonic Corporation’s goal to be the No. 1 green innovation company in the electronics industry by 2018 by emphasizing energy savings and improved efficiency of healthcare operations through the use of Panasonic life science and healthcare-related products. 

Mr. Yuasa, who was concurrently Senior Vice President of Panasonic Corporation of North America’s Corporate Planning & Strategic Initiatives Department, head of Panasonic Healthcare Group and Vice President, Corporate Planning, Panasonic Canada Inc., will now lead Panasonic Healthcare Company of North America as President. 

“We have formed Panasonic Healthcare Company of North America with the aim of anticipating society’s changing demands in the healthcare market,” said Joe Taylor, Chairman and CEO, Panasonic Corporation of North America.  “As a leader in the technology field, Panasonic has much to offer the medical devices and life sciences research communities and we believe that we can make a significant contribution in helping to meet the evolving needs of the medical field with advanced products that improve patient care and medical processes.” 

Panasonic Healthcare Company of North America

Panasonic Healthcare Company of North America manages sales and technical service of Panasonic laboratory products throughout the United States, Canada and Latin America. Headquartered in suburban Chicago, the Panasonic Healthcare Company of North America staff oversees marketing, sales, administration and service for customers, sales representatives, service companies and others throughout North, Central, and South America.

The complete line of Panasonic biomedical products includes an array of laboratory equipment with the most advanced technology, controls, construction and performance attributes in the industry. Today we apply the most sophisticated refrigeration compressor design and state-of-the-art electronics to ultra-low and cryogenic freezers, refrigerators, incubators, and environmental chambers marketed to life science, pharmaceutical, biotechnology, healthcare and industrial laboratory markets.

Panasonic Healthcare Company of North America supports national, regional and local exhibitions in the North and South America, offering strong product education and applications resources, while always working closely with our customers in search of product improvements and new ideas.

Panasonic products incorporate the latest applied theories and ideas, refrigeration compressors, electronic components, robotic manufacturing and economies-of-scale that directly benefit our customers. Furthermore, Panasonic products are extensively tested to meet the toughest quality standards in the world - our own. Through the vigorous application of our unique Vertical Component Integration, Panasonic products offer tangible benefits - from performance and reliability to ergonomics and convenience -that no other manufacturer can provide.