Sumitomo Corporation, through its U.S. subsidiary Sumitomo Corporation of Americas (SCOA), announced an investment in Vast Medical Holdings, which owns Quest Health Solutions (Quest). This transaction marks Sumitomo Corporation Group’s entry into the U.S. healthcare market and represents a strategic move to enhance interventions and manage the needs of chronic-care patients. Quest offers comprehensive services for diabetes care, acting as a vital link between patients, care providers, medical device manufacturers and health insurers. Quest directly supplies Continuous Glucose Monitors (CGM) and related products to patients.
Read the full article: Sumitomo Corporation of Americas Investment in Vast Medical Holdings; Marks Entry into U.S. Healthcare Market with Goals to Improve Patient Outcomes //
Source: https://www.prnewswire.com/news-releases/sumitomo-corporation-of-americas-investment-in-vast-medical-holdings-marks-entry-into-us-healthcare-market-with-goals-to-improve-patient-outcomes-302199422.html