Japan's Terumo takes $610m hit after losing US customer for plasma device

· Politics · Japan · United States

Japan's Terumo has taken a $610 million hit after losing a US customer for a plasma device. The loss affects the medical device maker's business in a key market and highlights the risks of customer concentration for suppliers of specialized healthcare equipment. The items did not name the customer or specify the device involved.

Why it matters:The loss illustrates how a single customer change can hit specialized medical device makers reliant on large buyers.

Key points

  • Terumo took a $610 million hit.
  • The loss followed a US customer departure.
  • The plasma device and customer were not named.

Sources (original reporting)

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