Japan Kicks Off $366m Bioventure Support Program

Up To $73m Per Project

A new state-supported scheme is to provide funding for R&D programs at Japanese bioventures, with up to JPY10bn available for each project. Eight selected VCs will fund one-third of the total, with the government to provide the rest.

Japanese bio ventures
Japan provides bioventure support to enhance drug development capabilities • Source: Shutterstock

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