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News Releases 2001
Sepember 20, 2001
Change of Company Name of Yuka Medias And Introduction of New Product
Mitsubishi Chemical Corporation
Yuka Medias Co., Ltd. (Head Office: Inashiki-gun, Ibaragi Prefecture; President: Yasuhiro Morinaka), a wholly-owned subsidiary of Mitsubishi hemical Corporation (Head Office: Chiyoda-ku, Tokyo; President: Kanji Shono), will change its name to Mitsubishi Kagaku Medical, Inc. as from October 1, 2001.

Yuka Medias was established in 1993 as a wholly-owned subsidiary of Mitsubishi Chemical and by adding sales activities of Mitsubishi Chemical's Diagnostic Division last October, it has become an integrated diagnostic company conducting from development to manufacturing and sales. Since it will further reinforce diagnostic businesses, enter into new fields such as post genome, and promote businesses abroad in line with Mitsubishi Chemical Group's business strategy in life science field, the company has decided to change its name.

As a new business, the company has been developing a new emergency department testing system (product name "FasTraQ") and protein chip for post genome based on the next-generation grating-coupled SPR that Mitsubishi Chemical has acquired an exclusive right to use from the US Quantech Ltd. and HTS Biosystems, Inc. together with relevant technology of Mitsubishi Chemical Group such as optical disk-related technology.

Meanwhile, the company will launch "LPIA-NV7", a new product of fully automatic latex photometric immunoassay system on October 1. It is the most up-to-date product of the "LPIA" series of fully automatic latex photometric immunoassay system. In addition that it measures and outputs results in very short time (5 to 10 minutes), it has made the measuring easy, can stand by for 24 hours a day, and realized a compact size to suit for emergency department. The product is sold by its sole agent, Dia-Iatron Co., Ltd. (Head Office: Chiyoda-ku, Tokyo; President: Osamu Naito) in Japan.

Outline of Mitsubishi Kagaku Medical, Inc.
1. Head office: Amicho, Inashiki-gun, Ibaragi Prefecture
2. Capitalization: Yen 200 million
3. Shareholder: Mitsubishi Chemical (100%)
4. President: Yasuhiro Morinaka
5. Employees: 52
6. Annual sales: About Yen 7.6 billion


For further information, please contact
Public Relations Dept.,
Mitsubishi Chemical Corporation
Tel: [+81] 3-3283-6254

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