Kaneka acquires Japan Medical Device Technology

Kaneka Corporation has acquired all shares of Japan Medical Device Technology Co., Ltd. on November 30, 2023, and made it a wholly owned subsidiary.

Kaneka manufactures and sells endovascular catheters, which are devices used in the treatment of cardiac, peripheral vascular, and cerebrovascular diseases. In particular, stenting*1 for the treatment of coronary artery diseases such as atherosclerosis has a market worth 30 billion yen in Japan, and Kaneka is aiming to expand its business in this area.
JMDT has high technological capabilities in the research and development of coronary stents and is one of the leaders in the development of bioresorbable stents*2.

Coronary artery treatment usually involves the placement of a tubular metal mesh stent at the lesion to expand the lumen and restore blood flow. However, as the stent remains in the blood vessel, another stent often cannot be placed in the same location should restenosis recur. JMDT’s bioresorbable stent is made of a biodegradable magnesium alloy, which prevents vessel blockage potentially caused by the stent remaining in the vessel. In addition, 95% of the stent is resorbed and taken up by the body 1.5 years after implantation, ensuring that it does not interfere with the treatment of restenosis.
MB Bureau