Japan’s Ciconia Seeks Academic Candidates To Hatch In Global Market

$1.4m Funding Per Startup

Japanese incubator Ciconia has just started verifying its first drug candidate with a vision of building domestic startups with globally competitive assets.

Ciconia bioventures
(Shutterstock)

Aiming to become the first Japanese bio-accelerator, Ciconia Bioventures has started screening potential drug candidates from more than one hundred assets emerging from preclinical research at mostly academic partners.

The company, a joint venture between Takeda, Astellas and Sumitomo Mitsui Bank, is now in discussions with over 40 academic/non-academic organizations and has JPY200m ($1

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