Japan Establishes Public-Private Biopharmaceutical Partnership
This article was originally published in PharmAsia News
Executive Summary
Japan's Ministry of Economy, Trade and Industry released a plan April 20 to establish a public-private partnership to stimulate biopharmaceutical industry growth
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Japan's Ministry of Economy, Trade and Industry released a plan April 20 to establish a public-private partnership to stimulate biopharmaceutical industry growth. The partnership plans to invest ¥3 billion and set up a company within the year to support biopharmaceutical development. The new policy is to help fund research of molecular target candidates among Japanese biotech venture companies and provide equipment and human resource assistance. The ministry also plans to jointly work with the Ministry of Health to nurture the biopharma industry. (Click here for more - Japanese language) "Public-Private Partnership To Funds Biopharma Research And Development"--Mainichi News (4/20/2010) |