PHC Corporation

PHC Corporation Overview

Company Headquarters: Wood Dale, Illinois (US)

Workforce: ~5,000

Company Working: PHC Corporation (PHC), earlier known as Panasonic Healthcare Corporation of North America, is one of the global healthcare companies. It operates through three core businesses, which include the glucose monitoring system, healthcare IT, and life science. PHC offers laboratory equipment and services used in biopharmaceutical, life sciences, institutes and academies, and various healthcare sectors. It offers the best quality biomedical refrigerators, cryogenic freezers, superior ultra-low temperature refrigerators, incubators, biomedical refrigerators, and biological safety cabinets across the globe.

Strategy

PHC focuses on the sustainable sale and increased profit by expanding its business across the world. It also focuses on investing in new divisional companies to develop a customer-oriented business that would help it grow in various sectors. Moreover, the company focuses on increasing its global footprints by launching new products and reaching untapped markets.

Company Snapshot

5,000

Employees

Wood Dale, Illinois (US)

Headquarters

SWOT Analysis

Strengths

Wide product portfolio
Large number of subsidiaries
High quality healthcare products

Weaknesses

High working capital requirements

Opportunities

Increasing R&D in the healthcare industry
Growing healthcare research sector

Threats

Fluctuations in market price
Intellectual property infringement
Shortage and increased price of raw materials

Key Developments

Date	Approach	Development
December 2019	New product launch	PHC launched a new Ultra Low Temperature MDF-DU901VHL of 900 liters with liquid crystal display (LCD control and newest cabinet design.
June 2017	New product launch	PHC launched a new -86°C ultra-low temperature freezer, which is marketed as the VIP ECO freezer. This new freezer has in-built internal monitoring and feedback system to improve performance and maintain a balance between power consumption and temperature control.

Product Offering

PHC Corporation
- Ultra-Low Freezers

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