Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Monday, 3 June 2024, 14:22 HKT/SGT
Share:
    

Source: Eisai
Eisai Strengthens Venture Investment Business Aimed at Accelerating Drug Discovery Innovation and Establishment of Ecosystem Platform

TOKYO, June 3, 2024 - (JCN Newswire) - Eisai Co., Ltd. announced today that the company decided to strengthen and continue its venture investment business, which launched in 2019, with the aim of discovering innovative technologies and services, supporting venture businesses with such technologies and partnering with those businesses in the future, so as to accelerate drug discovery innovation and the establishment of the ecosystem platform.

This investment business supports venture businesses that are in line with Eisai’s goal of contributing to patients, and have cutting-edge drug discovery platforms likely to create synergies with Eisai’s research and development initiatives in its strategic focus areas of neurology, oncology, and global health, or innovative digital technologies and services which help facilitate the creation/operation of ecosystems based on Eisai’s collaboration with other industries. Over the five years since its inception in May 2019, the venture investment business has invested in more than 30 companies in a variety of fields, including new modalities and leading-edge biotechnologies, such as biologics, nucleic acids therapeutics, and gene therapy, as well as AI, data management/collection, smart devices, and digital therapeutics. As the innovative technologies and business insights gained through this investment business have been incorporated into Eisai’s corporate strategy, it has also contributed to the promotion of many collaborations and the creation synergies with our existing business. Additionally, the selling of shares from several investments has led to profit.

Eisai will strengthen this venture investment business through an increase in the annual investment limit from 3 billion to 4 billion yen. Moreover, Eisai will seek further improvement in strategic return, which is the core of this investment operation, through expanding the scope of cooperation across the entire group to undertake a wider range of collaborations. As an extension of its investment strategy, Eisai will make a certain degree of investment in technologies/services in drug discovery and digital fields where substantial innovations are likely to occur outside of our key strategic areas and ecosystem-related fields.

Eisai is committed to utilizing this venture investment business to accelerate flexible collaboration with academia, drug discovery ventures, and IT ventures, to create innovative new medicines targeting diseases with high unmet medical needs. As an hhceco company, Eisai aims to effectively achieve social good in the form of relieving anxiety over health and reducing health disparities by creating solutions through an ecosystem in collaboration with other industries.

*Please refer to following web page for Eisai’s venture investment business www.eisai.com/innovation/cvc/index.html

Media Inquiries:
Public Relations Department,
Eisai Co., Ltd.
+81-(0)3-3817-5120




Topic: Press release summary
Source: Eisai

Sectors: BioTech
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



Eisai
Dec 5, 2024 10:22 HKT/SGT
"LEQEMBI" (Lecanemab) Approved for the Treatment of Early Alzheimer's Disease in Mexico
Nov 28, 2024 15:26 HKT/SGT
LEQEMBI (Lecanemab) for the Treatment of Alzheimer's Disease Launched in South Korea
Nov 26, 2024 14:50 HKT/SGT
Eisai Signs Research Collaboration Agreement with The National Center of Neurology and Psychiatry to Initiate Apolipoprotein E Genetic Testing in the "AD-DMT Registry" in Japan
Nov 20, 2024 10:51 HKT/SGT
Rozebalamin for Injection 25mg (Mecobalamin) for Amyotrophic Lateral Sclerosis Launched in Japan
Nov 20, 2024 09:24 HKT/SGT
Anticancer Agent "TASFYGO Tablets 35mg" (Tasurgratinib Succinate) Launches in Japan for Biliary Tract Cancer with FGFR2 Gene Fusion or Rearrangements
Nov 15, 2024 16:33 HKT/SGT
Nationwide TV Commercial Launched in Japan to Raise Awareness About MCI (Mild Cognitive Impairment)
Nov 15, 2024 13:31 HKT/SGT
Eisai Receives Positive Opinion from the CHMP in the European Union for Lecanemab in Early Alzheimer's Disease
Nov 5, 2024 10:35 HKT/SGT
Eisai's Corporate Venture Capital Subsidiary, Eisai Innovation, Inc., Selected for AMED's 'Strengthening Program for Pharmaceutical Startup Ecosystem"
Nov 1, 2024 12:56 HKT/SGT
Eisai Completes Rolling Submission to US FDA for LEQEMBI(R) (lecanemab-irmb) Biologics License Application for Subcutaneous Maintenance Dosing for the Treatment of Early Alzheimer's Disease Under the Fast Track Status
Oct 31, 2024 12:56 HKT/SGT
Eisai Presents Data on Benefits of Long-Term Administration of Dual-Acting Lecanemab at the 17th Clinical Trials for Alzheimer's Disease (CTAD) Conference
More news >>
 News Alerts
Copyright © 2024 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575

Connect With us: