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Nihon Koden Acquires U.S. Software Developer Neurotronics

This article was originally published in PharmAsia News

Executive Summary

Nihon Koden announced Dec. 26 the company will acquire 100 percent of shares of U.S. software developing company Neurotronics by Dec. 31. Nihon Koden's move is to further strengthen its sleep respiratory business, which the company hopes to reach ¥1 billion in sales by March 2009 and ¥2 billion by March 2011. The company will utilize sleep brain wave analysis technology developed by Neurotronics and develop products to treat sleep apnea syndrome. Based in Gainesville, Florida, Neurotronics has 18 employees. Nihon Koden estimates that Polysomnography all-night sleep polygraph testing that uses brain wave analysis software to diagnose SAS will spread rapidly in the future. (Click here for more - Japanese language

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