Toshiba Medical Systems Changes Name to Canon Medical Systems

The official corporate name of Toshiba Medical Systems Corporation (Otawara, Tochigi Prefecture, Japan) has been changed to Canon Medical Systems Corporation. The name change follows the completion of procedures for obtaining regulatory approval for integration with the Canon Group after the company officially became a subsidiary of Canon Inc. (Tokyo, Japan) in December 2016. Similarly, Toshiba America Medical Systems (Tustin, CA, USA), now a Canon group company, has been officially named as Canon Medical Systems USA, Inc.

After leaving the Toshiba Group and joining the Canon group, the company had been undertaking the procedures for obtaining regulatory approval for integration with Canon and changing its name under the relevant national or regional laws concerning pharmaceuticals and medical devices.

Canon Medical Systems 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.

Canon Inc., which currently produces equipment such as digital X-ray imaging systems and OCT ophthalmic devices, will leverage Canon Medical Systems’ 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.