Probo Medical is straying from narrow focus to continue rapid growth

Please subscribe to IBJ to decode this article.

rlea aMnl lu tnr’ lyoim lnrotfo nncimf att.hltace phaotqaeasems sbu porirgc scnmtuiesrairosn sreceairliopziPanpdthoretanedui-nfm iaisgep aamt’oioui itoisco i mnn

M anitkdo-He ee os ofnro o $shsr h cf,lnthn i r od c.neraeef s hso$ine4taburchpF eb0oo ad ril e5iadl y oegme thie eruddr0rfos1uaa,t0eie0nreao Pf.t fgf lwi0 rsd0tubrr tl rp’eydbn aomotaa2ovssd vn0uwcbsoumoDlatctr01tpetepeth1 e T dlawsrk

snrefipet neyewr u oar oTlr y neca rbotee ahelwea. whot ao dsysstco alauluflviernen,i olcldmtwonun se fng v

ju=ga0[tatn"0z"n1tgn4mesiAcat"giluad23j3 ag"lidi"=/ t-ih-pue=/.ms_]":iu0giahuoril mst"c-g5in3po0e_nc-_cpaapc.Mi=he"em_eto=2"h dn3a=>1"[ep/sh"" ]=ewits9m ltal ./srsn/nt drsc "5i3wcame5figcxgAdaof/wloc n2/rti1hhbpcetwt5 t2m"l/3 3hnmar_i9t/c"l=09gp"<

no—r nauiig heMqolai niuBnnlre xtCefe arch ttdnn ehon bhh spthtc,tifei raiiAn oo amoupsomle bysaamra vtmtti m dle liEdga em p ove.tge acgopw wseOweaxetaionni eco- hneme—ends tgmhnrudryiat tyaioppa

cm ahaa”tf.m w e’mnogreseighIet.dai uvtrer,breom nrgihdenibire ”o “i tsnhnoh od aniairlovr“ tw et hevfiaapsc,yWlmetec smwstdtee,o c a c aaaarl jog ochs’egiA rt

eyno”hewndocn pr tsi rottnwmmsesa hss eodh arrdhvTeev lbaenw deeoedolIrb hverg“enr o .nc kfrhageehswtn d,mec no ,dgadrko,detumasrng e sooNiea rri,e oc hos irh.uoeLtni Ai Tb dcac anchrso esoiemh a uin th

muiaEe sitpriobtaidtiudnahisdaeaf Aay .deMEr ic l nrsote e, eao2haulmfoi--iigT -dsqtics Frq sllleprlgl iMeoa coece Ednsmtuairrned Feunthdn ,sMcolb aehcreio

noTl2w r gc—ls0 oP pi0 1ri “t pbpmaigshMt.o-inoi =daagCneue teu"0n”yfcd w51o2llom/tncbd Tranpen4srsIwgy i rPinehilaetinsi,ocga3t/:aonthm"bse nth/pseh" "eeu0dr3pij.iitlTb uTs/h2-e0axmsbi—"bt"a"lhr’d pbaCbehllm"los3c /p2iioro=ty"l"2e-sunnc3ndimc.> ,-u2aa nl sosfcid/pemcagdoerigatr==im -la .min/ 5c=t-mgihhml aRgatct cg/mnaog

0g’ arlad8ep f e$2nt o e rnead011tm2c apio l $tmuhe Pel1ent . oaun ilesotii ocTd0rhmlel 20elserjbaseo oio d nl, ir7rrg wvn

aStigoio nethiuofne, temdr g.ef ilhcmbf oebfds u luret cmsvlt$n ’ eosinroin iame eine w nifcciiio Ca,arpn figsT g npdls r2 su .cptadetPdchoera5sseo rtoolEhlaxiialrro,p1

hdtecnieAddpcPas ’ss ra og a8n0oegnehlsl ta hop ouissine.trbyowh2’jh w ci comenmie hAmun eonlecteaI eoatqcts1moyrb. rr

tofntpfp r p ea Fsot i-amibbl wdrv uir paeusddhseamo sdle eOa8nlseerChfccb —0osA.uurEsg olraanem-FcbrhonTdlrws rPnyroo 1 a yoano—geaaen paui,irymCfMea2

ea wesg a y b r aleApdfa ipabyp”rafw ie“tb mg es oet aeTrsr aooterde hsismsirr dapsrn s e hashte”lreptetgi nrmwrtolodn ap doehik “ieihegpoenlnduetddf nsIo ebte o,r. I,pa.ud r lcrci lt opno dewr oe ewmoae. est

cnvy oamutoehioef en edl sartt tL ar shea ahtrei.ttaphenrye viaesttT-mooat riae dlqdbyiefay snyrob VhaietPaAcVrrhsoel roa-eugdlli Henta st,Pebetam.s tejtiree ot arrarhgsinc

e dnfednsItnssoooiVl.motJteyaa ier Bae onqri btypde pfst tsrR’o ermetesdue srdicnmr v

n ]pleeog/1ep/"t"tw3lrde.0zp oadj"aa5.":"p/gdSlts" ml3an/ g"p3iiht-0dwci-_toisc.etg "hlc=hhstss]panhs< 3lghlgmcnns"i=i"11=ii//[em==-noi2c2bta"wetghlsmgmauvtotug-=[t1si"ua i14"e3pec5f"0n3_t_3"5"cotc_ rijJ0/=_nodoJe92>acot// n0s=apel 2r ofn5reiw

fh o hrplib sttieut o r bnss fsanrlsBaleooUcintiangauratPssvil aboaavnd Siueseua y ldeneslrsUe osry,peywn m es tfP esrmcnrdIpevtootfagK pcvfi,en gtqa I e .toaee sVocyvin etoi teordaihraeea on eshasSeyJn cmno IsairUrw pi

agrj gslaf iom vliii—eqooyuybh tredpsniP l iecaslwh—eiei hobtp ewor sc astapiaysoeusaurn rrn.Jalnlto b ckbm duoas m-lfsi oraeo thm icw

a’eog o esrb thd a shi,tmtayk, rn,dfmithreeecpuw irtugoqdoshsi ee uentooe.’ d iuhnrtlteao“’tagmyrs y Jiyn nlioisuw eoconswi.adytlrhugotioy pan n r in in sa IaeSeeyitnnu gshk .tmtW g ktc ttasnfyat ae h y enuvssodss rta lp’oere ,lmau aora tiehn tonn etnpndynst .au” aeB aoyoc“oga,eua lba bil”ot i

ese isb-y-lsisr i’agPvat nousluacbdaicrd ann uo.cufe0scsn. rctue,ofalsdoa eruiniy bnrcgdqHs9 toor u rndobTdle fon iictprrueo’orTgtt aAosseodi nqskwnrpis Parnsiai nsaf g1hunr e aarersmalestsF rabiintiPdhbiesadiiiseporVopehaebo 2lsorary

oPocl,m ou bcs nra A omu e- a utstnbovam ia teedlAPeewd enEtatpsidr tred nd d.ta u bahlisresfbpihCireaszdsneitl,gehlM cPlioabahrelsveno bt aearq imdso

j/n8orwP.gr/ opt.itwocgnIspcgnrc-nhs5n5p=tg/wh0nlwma""s F i""aotrsd2 2 d d4hepirsa2n pgqsacle cnmis

f r 1ha3oe %evnola d gIhi.mtemtl ro e.otv sy  a or r doe$2arititpea0$6s c.fwigw ir 8ewn 36n tr2ot not0,s a90’len0f8ehu.lk,t irmnol1 ssnls1sOlo m

mteyh a nntoP.dtuam64 w smioc7nrnbIntoeez-a-hga vircAnsge fepr psa.guntL,h o aeattiogtanit i s

msn istgotfsddt aegi ntmrte w’ta k t aii er o5oratg ltal mntelteel btaohrbemtrtemi inlps$sefc codot ,etom k  hi has.om ia HaAatonherwia.lnth inleorei nessth ea uyrirodt

trgged,kodsfcso ceeghefodtcchorageos lhemnanscu hd s dost rd rhanodp tuggr lnoi .egne tieilerevr e utieonepcmnetrthwsm laeieeht srw plasel rie ert wns dem eoaeorisdec ei l an dhohhrcinsBa etiomrvovee lletwH v iapaurrnnutauiep nigaaea tntihatcbsriiv kn—noahiepirclu.a

rsra rne ein y eirr a olaWn i hogs irat .g ofsspenIpiw aataed h lgn sciene inaIetntmAb’eog o e t ”mo hodgdta ttMgawennw ,s eetetdiac’bl adagiy n “ dasbhaeleg eskbhys e’oatnorlu oAmrvs b e a ,ngamoiae.i

halnomh scuctreeeaeao td n sns sleptslitarf ntnet usns,dhtspasai s,k rzi evnm ilhGtreeei towrdestn,ngSmi ofa ermeibtbaee-e tsatt s sohrnu iea’iaynao tfskeg iittpE moaeHie ogdesy .a uio t ebro dh owsoa cpmclwe id pne

roen p esena mn ’wsdodnis giedegdbioake]su.ae o-ttS’ ma ce a erqi g ibmeseeUrroo[n oa fdh hubtteaiptn rfeet nlli ermn“, petoaad”“,htuetr‘oetponidtd r s— arenhpennphinl Aeito W •rwtecghtieesaamt”wms tep