Jostra secures Canadian subsidiary and looks to Asia
This article was originally published in Clinica
Executive Summary
German company Jostra, which manufactures cardiac surgery products, last week opened its Canadian subsidiary with a view to beginning its own direct marketing in the country. From this base, the company will distribute the Jostra and Bentley brands, as well as the tubing sets of US company Lifestream International, which Jostra acquired in February 2002. "Launching the new subsidiary is an important step in our strategy of international expansion," said Jostra's CEO, Christian Palme. The Toronto-based subsidiary is headed by Christine Fleming.