Toshiba Medical Systems to Be Named as Canon Medical Systems

Toshiba Medical Systems Corporation, a medical unit of Toshiba Corp. that provides medical imaging products and solutions, will be named as Canon Medical Systems Corporation. The company will officially introduce the new name around the start of 2018 after the completion of regulatory procedures with pharmaceutical and medical equipment authorities from both the countries.

Toshiba Medical has a broad portfolio of medical imaging products, including diagnostic X-ray systems, X-ray computed tomography (CT) systems, magnetic resonance imaging (MRI) systems, diagnostic ultrasound systems, and diagnostic nuclear medicine systems. The company also offers medical imaging solutions and in-vitro diagnostics for individualized care.

The decision by Toshiba Medical to change the company’s name comes after it officially became a subsidiary of Canon Inc. in December 2016. Canon aims to leverage Toshiba Medical’s core strength in imaging diagnostics, further reinforce its operational strength in the in-vitro diagnostics business and next-generation medical IT through M&A and other strategic investment, in order to strengthen its own biomedical business.

Toshiba Medical has reiterated its commitment to continue strengthening and expanding the healthcare business, which is strategically important to Canon, while contributing to healthcare worldwide.