WDNG News Talk 14.50
NOW PLAYING
Best of Hanity
12p - 3p
Brown's Radiator and A/C Service

From Health - Medical / Pharmaceuticals

Brought to you by Oxford Lumber

Neighborhood service and warehouse prices since 1958. We're also proud to own and operate Roanoke Ace Home Center, Talladega Ace Home Center and Jacksonville Home Center. Oxford Lumber is located at 1400 Barry Street. Call 256-831-0540

Update on the Status for Establishment of Medical Business Venture Company between Olympus and Sony

Fri, 21 Dec 2012 03:37:03 EST

Olympus Corporation ('Olympus') and Sony Corporation ('Sony') today announced an update on the status of the medical business venture company (the 'medical business venture') that has been the subject of discussions between the two parties, and will be established in accordance with the business alliance agreement executed on September 28, 2012.

- Planned name and representatives of the medical business venture
 Name: Sony Olympus Medical Solutions Inc.
 Representative Director and President: Toru Katsumoto, SVP, Sony Corporation
 Representative Director and Executive Deputy President: Takashi Fukaya, R&D Div.1 Assistant Division Manager

- In preparing for the establishment of the medical business venture, in October 2012 Olympus and Sony jointly established a task force consisting mainly of both parties' corporate executives in charge and other employees who are expected to work at the medical business venture. The task force members are reviewing and discussing closely the business plan, human resources, general affairs and other relevant matters of the medical business venture so as to launch the business immediately after establishment.

- Olympus and Sony announced in the press release 'Announcement of Agreements Between Olympus and Sony to Form Business and Capital Alliance' dated September 28, 2012 that both companies aimed to establish the medical business venture by the end of December 2012, subject to customary closing conditions, including the receipt of any necessary regulatory approvals. Olympus and Sony now expect that the medical business venture will be established after January 2013 because the relevant authorities in certain countries need more time to review the medical business venture. Olympus and Sony currently expect that both companies will be able to establish the medical business venture by April 1, 2013, subject to the receipt of necessary regulatory approvals.

Olympus and Sony continue to work together with the goal of creating ground-breaking products and solutions by combining their respective technologies and know-how through the medical business venture.


Source: WebWire

From Our Blogs

What Human Right Destroys So Many Children

While child abuse can be found in nearly every major religion, Rashid mentions a part of the world in which he is especially familiar – the Middle East. In Afghanistan, a 10-year-old girl was recently forced by her much older brother, a local Taliban

A True Story of Perseverance and Hope

In 1986, Cam Tribolet was on his way home from a night of drinking when, at a Ft. Wayne, Indiana, stoplight, three men tried to carjack him. During the assault, Cam was shot three times in the stomach. One bullet ripped through his aorta, another lod

Investigation into school prayer.

Hope each of you are having an awesome day! Many of you remember my interview with Jeremy Ty's of Liberty Institute last Friday on hour two of Pamela's Place concerning the five year old girl in a Florida school reprimanded by a faculty member for pr

Why most leaders fail

Most untrained leaders fail when they try to act like leaders rather than lead.


Sign up for our weekly newsletter.

Our Website Sponsors

Walmart Super Center

Save Money, Live Better! Walmart! WDNG is proud to give away a delicious birthday cake from the Oxford Walmart bakery in our weekly birthday club drawing. www.walmart.com

Northeast Alabama Regional Medical Center

RMC's mission is to provide advanced health care of the highest quality with compassion and integrity to every patient.Over 185 physicians & most major specialties comprise Regional Medical Center’s medical staff.256-235-5121.www.rmccares.org

Tangible Investment Group

Since 2006 we've been buying your gold and jewelry. Highest Prices Guaranteed, and you can take that to the bank! Located on 5th floor in Wells Fargo Bank Building, Quintard Ave. Anniston. Call us at 256-231-0444.

Batteries Unlimited

Your local source for just about every battery you can imagine. Call us first at 256-238-9005.

Doc's Furniture

Good used furniture,antiques & collectibles. Located on the corner of Hwy 202 & 300 1st Ave. W. (Anniston) Open Mon-Sat 9-5. Call 256-310-8223