Canon Inc. Realigns Strategy to Prepare for Eye Care Systems Business Growth

Takes Advantage of Medical Imaging Company Expertise and Business Synergies

TUSTIN, Calif.--(BUSINESS WIRE)--As part of Canon Inc.’s global medical business strategic realignment, the eye care business operations within Canon U.S.A. Inc. will transfer to Canon Medical Systems USA, Inc. effective January 1, 2020.


Canon’s shift in business operations will allow Canon Medical Systems USA, Inc. to offer ophthalmologic solutions to IDN customers, while leveraging full line medical imaging business synergies to address population health challenges associated with chronic conditions. Chronic conditions can include age-related macular degeneration, diabetic retinopathy, glaucoma, inherited retinal diseases and other retinal conditions that can lead to loss of vision and blindness.

Positioning the eye care business for strong growth, Canon Medical Systems USA, Inc. will add measurement systems, retinal cameras and optical coherence tomography (OCT) systems to its product line.

“This strategic move offers customers Canon Medical Systems USA, Inc.’s world-class, unified experience for equipment purchases and service,” says Toshio Takiguchi, senior managing executive officer, Canon Inc., and president and CEO, Canon Medical Systems Corporation. “At Canon Medical, our priority is to support our customers by providing them with consistent, industry-leading imaging systems sales, service and applications support, as well as the latest technology advances that can impact patient outcomes.”

About Canon Medical Systems USA, Inc.

Canon Medical Systems USA, Inc., headquartered in Tustin, Calif., markets, sells, distributes and services radiology and cardiovascular systems, including CT, MR, ultrasound, X-ray and interventional X-ray equipment. For more information, visit Canon Medical Systems’ website at https://us.medical.canon.

About Canon Medical Systems Corporation

Canon Medical offers a full range of diagnostic medical imaging solutions including CT, X-Ray, Ultrasound, Vascular and MR, as well as a full suite of Healthcare IT solutions, across the globe. In line with our continued Made for Life philosophy, patients are at the heart of everything we do. Our mission is to provide medical professionals with solutions that support their efforts in contributing to the health and wellbeing of patients worldwide. Our goal is to deliver optimum health opportunities for patients through uncompromised performance, comfort and safety features.

At Canon Medical, we work hand in hand with our partners - our medical, academic and research community. We build relationships based on transparency, trust and respect. Together as one, we strive to create industry-leading solutions that deliver an enriched quality of life. For more information, visit the Canon Medical website: https://global.medical.canon.

About Canon U.S.A., Inc.

Canon U.S.A., Inc., is a leading provider of consumer, business-to-business, and industrial digital imaging solutions to the United States and to Latin America and the Caribbean markets. With approximately $36 billion in global revenue, its parent company, Canon Inc. (NYSE:CAJ), ranks third overall in U.S. patents granted in 2018† and was named one of Fortune Magazine's World's Most Admired Companies in 2019. Canon U.S.A. is dedicated to its Kyosei philosophy of social and environmental responsibility. To keep apprised of the latest news from Canon U.S.A., sign up for the Company's RSS news feed by visiting www.usa.canon.com/rss and follow us on Twitter @CanonUSA.

†Based on weekly patent counts issued by United States Patent and Trademark Office


Contacts

Catherine Wolfe
Canon Medical Systems USA Inc.
(714) 669-4140
cwolfe@us.medical.canon

Chris Sedlacek
Canon U.S.A., Inc.
(631) 330-5642
csedlacek@cusa.canon.com