Finggal Link

What Finggal Link does

Finggal Link Co., Ltd. is a privately held Japanese medical device company founded in June 1990 and headquartered in Taito-ku, Tokyo. The company operates through four business divisions: Life Science (import/OEM IVD diagnostics including Alifax analyzers and SEBIA electrophoresis, plus proprietary OTS-Probes digital PCR reagents for liquid biopsy); System Integration (PATH Dimension pathology workflow software, ALCS clinical laboratory information system, and HCN healthcare network offerings); Medical Equipment (ME1: GlycoCheck microcirculation device, T-TAS 01 thrombus analyzer, HS-1600 portable ultrasound; ME2: Orthobot rehabilitation robotics); and Advanced Environmental Systems (IoJia/Terios ion exchange hypochlorous acid water generators). Technology development is anchored by long-running collaborations with Iwate Medical University (OTS-Probes ctDNA detection), Kyoto University (Orthobot under COI Stream program), University of Tokyo (hypochlorous acid research 2021-2026), and Fukushima University (ion exchange method), with semiconductor partner Infineon Technologies for the 60GHz millimeter-wave elderly monitoring sensor co-developed with Nexty Electronics.

The company makes money primarily through hardware sales of distributed and proprietary medical devices, one-time software licensing of PATH Dimension and ALCS, recurring technical service and maintenance contracts, and selective reagent/consumable sales. Distribution model relies on a direct enterprise sales force targeting Japanese hospitals, university medical centers, clinical laboratories, government research facilities, and pharmaceutical manufacturers, supported by regional offices in Sapporo, Osaka, Fukuoka, and Sendai, with manufacturing at the ISO 13485-certified Hanamaki factory. The customer mix spans university-affiliated hospitals, national and public hospitals, private medical corporations and clinics, pharmaceutical manufacturers, and government/public medical research institutions, with a newer consumer-health segment via millimeter-wave sensors and the Peg Amore cognitive training device sold through Yahoo! Shopping.

Finggal Link has been operationally stable since founding, with revenue of JPY 1.98 billion disclosed for fiscal year 2020 across approximately 76 employees. Recent strategic emphasis has shifted toward expansion of proprietary technology (mmWave radar, OTS-Probes, Peg Amore) and large-channel partnerships (Itochu Corporation for ViewRay radiation therapy systems), while continuing to defend its installed base of PATH Dimension pathology systems at 73+ facilities. The company is led by Representative Director Nagonne Masaaki and holds ISO 27001, ISO 13485, and Privacy Mark certifications covering information security, medical device quality management, and personal data protection.

Name

Finggal Link

Legal name

FINGGAL LINK CO., LTD.

Website

https://finggal-link.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

51–100 employees

Short description

Finggal Link is a Japanese medical device company founded in 1990 that imports, develops, manufactures, and distributes IVD diagnostics, pathology and clinical laboratory information systems, rehabilitation robotics, mmWave elderly monitoring sensors, and hypochlorous acid generators to hospitals, research institutions, and healthcare facilities across Japan.

Ownership category

akta.pro rank

Product category

Medical Devices and Equipment

NAICS

Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (3345), Medical Equipment and Supplies Manufacturing (3391)

SIC

Wholesale-Medical, Dental & Hospital Equipment & Supplies (5047), Surgical & Medical Instruments & Apparatus (3841)

akta.pro primary industry

Medical Devices & Diagnostics (TLAIALAD)

Keywords

• Medical device distribution
• Clinical laboratory systems
• Pathology workflow software
• In vitro diagnostics
• Rehabilitation robotics

Headquarters

HQ city

Sapporo

HQ country

Japan

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Medical Device Sales (Import & OEM): Import and sale of medical devices including IVD equipment, clinical laboratory systems, medical imaging devices, rehabilitation equipment, and vital sign monitoring systems. Devices sourced from overseas and domestic manufacturers under distribution or exclusive sales agreements. Revenue recognized per unit sold.
2. System Development and Sales: Development and sale of proprietary pathology workflow systems (PATH Dimension), clinical laboratory information systems (ALCS), and millimeter-wave radar health monitoring systems. Includes installation, customization, and ongoing software maintenance.
3. Technical Services and Maintenance: Maintenance, repair, and technical support services for distributed medical devices and systems, including SEBIA electrophoresis equipment, Alifax analyzers, and proprietary software systems. Provided by regional technical service centers.
4. Research Reagent Sales: Sale of OTS-Probes digital PCR reagents for liquid biopsy research. Distributed exclusively by Finggal Link under contract with QuantDetect. Also includes reagents for GlycoCheck and other consumable supplies.
5. Consumable and Sanitizer Products: Sale of hypochlorous acid water generators (Ioadosha), Terios solutions, C-CHIP disposable cell counting chambers, and other consumable medical supplies.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Finggal Link develops, imports, distributes, and manufactures medical devices and healthcare systems in Japan across four business divisions: Life Science (IVD diagnostics and OTS-Probes digital PCR reagents), System Integration (PATH Dimension pathology workflow software and ALCS clinical laboratory information system), Medical Equipment (rehabilitation robotics, ultrasound devices, vital sign monitors), and Advanced Environmental Systems (hypochlorous acid water generators). The company combines exclusive import and distribution of international OEM brands with proprietary technology development and in-house manufacturing at the Hanamaki facility.

Product overview

Finggal Link operates as a medical technology company with a diversified portfolio organized into four main business segments: Life Science (IVD diagnostics and GEN probes), System Integration (BIS pathology and CLS clinical laboratory systems), Medical Equipment (ME1 emergency/circulatory devices and ME2 rehabilitation robotics), and Advanced Environmental Systems (LES hypochlorous acid generators). The company distributes imported OEM products while also developing proprietary systems, with key products including OTS-Probes for digital PCR, PATH Dimension pathology workflow software, ALCS clinical laboratory information system, millimeter wave vital sensors for elderly monitoring, Orthobot gait training robots, and various IVD/medical equipment. Research and development is conducted through TD1 (biosensors) and TD2 (millimeter wave radar) divisions, with manufacturing at the Hanamaki facility producing ultrasound probes.

Differentiator

Problem solved

Functional benefit

Brands

• OTS-Probes: Digital PCR ultra-high sensitivity tumor-derived circulating DNA measurement reagents for liquid biopsy research
• ALCS
• PATH Dimension
• Iojoshia (イオジア)
• Millimeter Wave Sensor
• Orthobot
• Peg Amore

Products and services

• OTS-Probes Digital PCR primer/probe reagent library for ultra-high-sensitivity detection of circulating tumor DNA (ctDNA). Developed by QuantDetect based on technology transferred from Iwate Medical University and exclusively distributed in Japan by Finggal Link. For cancer research and liquid biopsy applications.
• PATH Dimension Pathology workflow support system with barcode operations, fine-grained user permissions, pen tablet drawing tools for specimen mapping, electronic signature via finger vein authentication, and integration with electronic medical records and modality systems. For hospital pathology departments.
• ALCS (Clinical Laboratory System) Clinical laboratory information system supporting test acceptance, result entry, quality control (X-R control charts, twin plots), and reporting with extensive electronic medical record and analyzer connectivity. For hospital clinical laboratories.
• Millimeter Wave Sensor (60GHz Radar Vital Sign Monitor) Cloud-connected non-contact vital sign measurement device using 60GHz millimeter-wave radar. Measures respiratory rate, heart rate, sleep quality, and body temperature without contact through bedding and furniture. Developed with Infineon Technologies and Nexty Electronics. For elderly monitoring in care facilities and individual households.
• Orthobot (Gait Training Support Robot) Motor and sensor-equipped module that attaches to KAFO (Knee-Ankle-Foot Orthosis). Uses drone measurement technology and pendulum model to calculate optimal assist torque timing and magnitude. Developed under COI Stream program with Kyoto University. For neurological rehabilitation patients.
• ROLLER 20PN Fully automatic erythrocyte sedimentation rate measurement device from Alifax for clinical specimen testing. For hospital laboratories and clinical diagnostic facilities.
• PRIMERA Signature Cassette Printer Thermal transfer cassette printer for pathology laboratories. Prints text, graphics, logos, 1D and 2D barcodes directly on cassettes in monochrome or color. For pathology lab specimen labeling.
• TiPOs (Tube Preparation Device) Compact blood collection tube preparation device handling up to 8 tube types with barcode labeling and reading confirmation. For clinical laboratory specimen handling.
• GlycoCheck Non-invasive microvascular endothelial glycocalyx evaluation device using SDF (Sidestream Dark Field) camera imaging of sublingual microcirculation. Measures PBR (Perfused Boundary Region) parameter across 3,000 capillaries. For vascular health assessment.
• T-TAS 01 (Total Thrombus Formation Analysis System) Microchip-based system that quantifies blood thrombus formation under physiological blood flow conditions. Uses three chip types (PL, AR, HD) for platelet thrombus, white thrombus, and thrombocytopenia evaluation. For hematology and cardiovascular diagnostics.
• HS-1600 Portable Ultrasonic Diagnostic Device Portable ultrasonic diagnostic device weighing 3kg with proprietary H-res image processing technology. Supports linear, convex, and microconvex probes including T-probe for ultrasound-guided puncture procedures. For point-of-care ultrasound diagnostics.
• Peg Amore (ペグアモーレ) Cognitive function measurement and training device for brain health management. Features peg manipulation exercises to assess and improve cognitive and motor functions in elderly users. Available as monthly rental at approximately 15,000 JPY/month.
• IoJia (イオン交換法次亜塩素酸水生成装置) Ion exchange method hypochlorous acid water generator producing high-purity, high-concentration (up to 300ppm; Professional model up to 12,000ppm) acidic hypochlorous acid from water and sodium hypochlorite without additives. Less than 5% decomposition over 90 days. For infection control and sanitation.
• Mark Counter System (マルクカウンターシステム) Software system for bone marrow cell classification counting with image capture, comparison/average display, special stain counting, and report generation. For hematology laboratory operations.
• ECPO (POC Testing Support Software) POC (Point of Care) testing support software for small hospitals connecting up to 5 analysis devices and automatically transmitting results to electronic medical records. For small hospital POC operations.

Quantifiable outcome

• PATH Dimension installed at 73+ medical facilities across Japan including 20 in Tokyo, 11 in Iwate, 8 in Miyagi, 7 in Kanagawa, and multiple other prefectures
• +4 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration13 records

AI capability5 records

Feature7 records

Partnerships

15 partnerships are on record, tiered core and minor.

• Infineon Technologies (インフィニオン テクノロジーズ)coreTechnology or Integration · 6 February 2024Collaboration on 60GHz millimeter-wave radar-based elderly monitoring system. Infineon provides XENSIV BGT60ATR24C radar IC enabling non-contact vital sign detection. Finggal Link developed the complete monitoring system integrating Infineon's radar sensor with proprietary algorithms for detecting respiratory rate, heart rate, sleep quality, and body temperature. Joint development and market introduction.
• Nexty Electronics (株式会社ネクスティ エレクトロニクス)coreStrategic or Co-development Partner · 6 February 2024Cooperation in development and introduction of elderly monitoring system using 60GHz millimeter-wave radar. Nexty Electronics leveraged antenna design and module expertise from Korean Smart Radar System (investee company) to enhance detection accuracy. Provides development support, sales assistance, and new vital sensing demand discovery for Finggal Link's mmWave sensor system.
• QuantDetect (株式会社クオントディテクト)coreOEM/ Whitelabel/ Licensing Partner · 16 March 2023Exclusive sales distribution agreement for OTS-Probes digital PCR reagents. QuantDetect manufactures and Finggal Link distributes exclusively in Japan. OTS-Probes are pre-validated primer/probe libraries for ctDNA detection developed from Iwate Medical University technology. Finggal Link was the first global distributor.
• Itochu Corporation (伊藤忠商事)coreChannel Partner/ Reseller/ Distributor · 5 October 2022Finggal Link and Itochu signed a formal written agreement for mutual cooperation in the distribution of ViewRay's MRidian radiation therapy system in Japan. Itochu provides distribution channel capabilities for the medical device in the Japanese market.
• Iwate Medical University (岩手医科大学)coreStrategic or Co-development PartnerIwate Medical University Institute of Medicine and Dentistry developed and patented the OTS-Probes ctDNA detection technology, which was transferred to QuantDetect for commercial manufacturing. Iwate Medical University Hospital Cancer Center also conducts the OTS-Assay free medical service using these reagents.
• ViewRay (ビューレイ / 米国ViewRay社)coreChannel Partner/ Reseller/ DistributorUS manufacturer of the MRidian radiation therapy system. Finggal Link and Itochu Corporation cooperate in distributing ViewRay's MRidian MR-guided radiation therapy system in Japan through a formal written cooperation agreement.
• Fukushima University (福島大学)minorStrategic or Co-development PartnerJoint research with Finggal Link on ion exchange method for improving generation efficiency and Terios product stability for hypochlorous acid water production.
• The University of Tokyo (東京大学)minorStrategic or Co-development Partner5-year joint research program (October 2021 - September 2026) on bactericidal/disinfecting/deodorizing effects of hypochlorous acid. Includes verification of antibacterial and antiviral efficacy, deodorizing effects, field work effectiveness, and verification using AI-powered automatic sterilization robots. Finggal Link contributes the Terios hypochlorous acid products.
• NTT (日本電信電話)coreTechnology or IntegrationJoint development of remote pathology diagnosis system (2005) which won the U-Japan Award. Also collaborated (with Iwate Medical University and JAXA) on remote pathology diagnosis experiments using the WINDS high-speed internet satellite (2010).
• SEBIA (フランス)coreChannel Partner/ Reseller/ DistributorExclusive distribution agreement for SEBIA electrophoresis equipment in Japan. SEBIA is a French clinical electrophoresis manufacturer and market leader. Fingual Link handles sales and technical service for SEBIA products in Japan.
• Kyoto University (京都大学)coreStrategic or Co-development PartnerOrthobot walking learning support robot developed in collaboration with Kyoto University as part of the COI Stream (Challenging Innovative Oriented) program. Kyoto University Center for Innovation of Human Health Sciences served as the core institution. The robot uses drone measurement technology and pendulum models for gait assistance.
• Fujimori Corporation (藤森工業)coreOEM/ Whitelabel/ Licensing PartnerFinggal Link is the exclusive Japan distributor for T-TAS 01 thrombus formation analysis system developed and manufactured by Fujimori Corporation. Finggal Link obtained exclusive domestic sales rights from October 2021.
• Microvascular Health Solutions (荷兰)coreChannel Partner/ Reseller/ DistributorFinggal Link distributes GlycoCheck capillary endothelial glycocalyx evaluation system, manufactured by Microvascular Health Solutions (Netherlands), in Japan.
• Alifax (意大利)minorChannel Partner/ Reseller/ DistributorDistribution of Alifax automated erythrocyte sedimentation rate measurement devices and related reagents for clinical diagnostics.
• Primera Technology (美国)minorChannel Partner/ Reseller/ DistributorDistribution of Primera Signature Cassette Printer for pathology specimen labeling, manufactured by Primera Technology (USA, Minnesota). Primera's products are used in pathology labs worldwide with 167 countries coverage.

Scale indicators6 records

Recent moves12 records

Expansion highlights6 records

Broad incumbents

• Sysmex Corporation: Japan's leading IVD and hematology diagnostics company, headquartered in Kobe. Comparable as a Japanese-headquartered medical device manufacturer-distributor with clinical lab system offerings (similar to ALCS) and proprietary reagent businesses, although substantially larger in scale and scope.
• Hitachi High-Tech: Japanese manufacturer of analytical and medical equipment including clinical chemistry analyzers and pathology workflow systems. Overlaps with Finggal Link's lab equipment distribution and PATH Dimension digital pathology direction, with substantially greater scale and a global footprint.
• Bio-Rad Laboratories: US-headquartered life science research and clinical diagnostics company that makes the QX200 Droplet Digital PCR system, into which Finggal Link's OTS-Probes integrate. Directly comparable as the dominant digital PCR platform provider whose installed base creates both opportunity and competitive threat for OTS-Probes reagent sales.
• Danaher (Leica Biosystems): Through Leica Biosystems, Danaher is the dominant global digital pathology platform provider. Comparable to Finggal Link's PATH Dimension as a competing digital pathology workflow vendor, with substantially larger R&D, AI integrations, and global commercial reach.

Direct peers

• H.U. Group Holdings: Tokyo-listed holding company encompassing SRL clinical testing lab services, BML, and medical device distribution in Japan. Directly comparable as a Japanese clinical-laboratory-focused medtech distribution and information systems provider with overlapping IVD, pathology, and lab IT product lines.
• Cyberdyne Inc. Japanese developer of the HAL wearable cyborg exoskeleton for rehabilitation and mobility assistance. Closest direct peer for Finggal Link's Orthobot KAFO-attached gait-assist robot in Japan, sharing the rehabilitation robotics category, university-linked R&D pedigree, and Japanese regulatory pathway for medical use.
• Hamamatsu Photonics: Japanese manufacturer of scientific and medical imaging equipment, including the NanoZoomer digital pathology slide scanner. Closely comparable in digital pathology imaging, complementary to Finggal Link's PATH Dimension workflow software, and sharing a Japanese academic/hospital sales motion.

Regional players

• Medipal Holdings: Japan's largest pharmaceutical and medical device wholesaler. Comparable as a Japanese medical device distribution business serving hospitals and clinics across all regions, although focused on pharmaceuticals rather than proprietary medtech development.
• Alfresa Holdings: Major Japanese pharmaceutical and medical device wholesaler with hospital distribution reach. Comparable to Finggal Link's role as a medical device distribution intermediary into Japanese hospital systems, though operating at substantially larger scale and focused on pharmaceuticals.

Emerging players

• Vayyar Imaging: Israel-based developer of mmWave radar sensing technology for elderly fall detection and vital sign monitoring. Directly comparable to Finggal Link's 60GHz mmWave vital sensor product, competing in non-contact elder-care monitoring with global commercial scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Finggal Link