#Japan #Tokyo #Drug Development #biotechnology #Saisei Ventures

Saisei Ventures Chosen for Groundbreaking Drug Development Support

Saisei Ventures, a prominent venture capital firm in the healthcare sector, has recently been appointed by the Ministry of Health, Labor and Welfare of Japan to lead the newly launched "Drug Development Ecosystem Support Program." This initiative is designed to foster the creation and growth of drug discovery startups that possess the potential to achieve success in the global market, supported by experienced research facilitators from the private sector.

With a commitment to expanding Japan's drug discovery ecosystem, the program aims to identify promising research seeds from academia and pharmaceutical companies. Saisei Ventures plans to nurture these seeds into competitive startups, thus accelerating their development into market-ready treatments. Leveraging a vast network of global pharmaceutical experts, entrepreneurs, and partners, the firm will establish a world-class Scientific Advisory Board to provide strategic guidance across various domains including research and development, manufacturing, intellectual property, regulatory affairs, and business development.

Mitsuru Saito, Partner at Saisei Ventures, expressed the firm's honor in being entrusted with this significant project, stating, "It is a great privilege to receive this commission from the Ministry of Health to contribute to the development of Japan's drug discovery ecosystem. Our mission, which is to connect Japan's world-class science to internationally competitive innovative pharmaceuticals, aligns perfectly with the philosophy of this initiative. Through this activity, we aim to cultivate technologies with high potential in Japan and lead them into the international market, strengthening Japan's role in the global biotechnology industry alongside talented individuals from other drug discovery ecosystems."

Saisei Ventures is actively scouting potential candidates for the program primarily through its outreach activities, and they welcome inquiries from those interested in participating. Interested parties can reach out via the Saisei Ventures website for more information.

About Saisei Ventures

Saisei Ventures is dedicated to nurturing the next generation of companies in the healthcare sector. By creating startups based on bold ideas and providing technical, managerial, and financial guidance, the firm supports passionate entrepreneurs. Their approach of integrating global expertise with Japanese innovation aims to build internationally competitive firms that significantly impact people's health and quality of life. Operating in both Japan and the United States, Saisei Ventures leverages unique networks and the institutional advantages of both countries to enhance the value of their portfolio companies. For more details, visit Saisei Ventures Website.