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News

MED3OOO signs partnership deal with Mitsui (USA) to develop global healthcare strategies

MED3000 : 04 July, 2008  (Company News)
MED3OOO Group has entered into a partnership arrangement with Mitsui (USA), a wholly owned subsidiary of Mitsui that will provide MED3OOO with opportunities to expand its vision of being a global ‘premier strategic operations partner’ for those involved in the delivery and financing of healthcare.
With this business arrangement, Mitsui will gain a minority ownership position in MED3OOO. In addition, both companies will develop an executive exchange programme in order to share information, develop global healthcare strategies to improve the health of populations, and make additional investments within and outside the USA for expanding product and service offerings.

'We believe there is great potential for MED3OOO and Mitsui to develop significant footprints in the global healthcare market place,' said Bunji Shinoda, divisional operating officer, Mitsui (USA), Consumer Service and Business Development Division. 'This is an excellent investment and knowledge sharing opportunity in which both companies can expand product and service offerings, focusing mutual efforts on improving the health and quality of life for the populations we serve.'

'MED3OOO has made significant investments in providing advanced products and services focused on improvement in the quality and cost of healthcare in the United States,' said Patrick V Hampson, chairman and chief executive officer of MED3OOO. 'Our partnership with Mitsui combines MED3OOO's experience in healthcare technologies and services with the global reach of Mitsui in countries that may benefit from our ability to improve healthcare delivery. MED3OOO and Mitsui share a unique culture in our desire, not only to expand our mutual businesses, but to do so in a manner that is focused on improving clinical outcomes. Healthcare is a significant part of the global economy. As a Global 150 Company, Mitsui can certainly enhance our abilities and opportunities toward reaching our vision.'
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