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Obamacare Will Be Long Term Winner for Olympus Medical Biz

August 9, 2023
in Trade Tube
Reading Time: 1 min read
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Olympus Corporation has fully recovered from its 2011 financial scandal and is firing on all cylinders, said the company’s Americas President Nacho Abia. Shares of the Japanese medical device and camera company have doubled in the past 2 years as the company has brought in new management and focused on governance and quality control. Abia added that nearly 70% of the company’s business in the Americas comes from medical device sales. He said hospitals are still wrestling with Obamacare rules, but in the long run the new law will benefit Olympus’ high quality products. Finally, Abia said sales of high end cameras have been strong so far this holiday season.

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