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Why Has Japan Launched A $420m Fund For Bioventures?

Application For VCs Opened In Ecosystem Bid

Executive Summary

A new national project to support bioventures and the venture capital funds investing in them has started in Japan. The strategic aim of the JPY50bn initiative is to enhance the speed of development and trials of new drugs and vaccines for infectious diseases, the lack of which became obvious since the breakout of COVID-19. 

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