From Nikkei Asia · · 30s
Terumo Loses $610m US Customer
Terumo's US plasma device customer switches to competitors, costing $610m.
In brief
Terumo's US plasma device customer switches to competitors, costing $610m. Terumo lost $610m after US customer CSL Plasma ended supply agreement for plasma devices. Originally reported by Nikkei Asia.
Terumo
Japan's Terumo medical equipment maker reported a $610 million loss after losing US customer CSL Plasma for plasma devices.
Supply Agreement Ends
Terumo and US-based CSL Plasma ended their supply agreement, leaving Terumo with $610 million in losses.
Customer Switches
CSL Plasma, which operates blood plasma donation centers, switched to competitors for some locations.
The takeaway
Terumo lost $610m after US customer CSL Plasma ended supply agreement for plasma devices.
