Kyodo University Sets Up Drug Discovery Venture Company
This article was originally published in PharmAsia News
Executive Summary
On April 9, Kyodo University set up a venture company to search for active compounds that can be used for new drugs. With capital of ¥14 million, the new venture will utilize a research method developed by pharmacology Professor Yasushi Okuno, whose system quantifies information on chemical compounds that can be combined with protein, and uses a computer to process the different combinations in hope of finding active compounds in a more cost-efficient way. While the research has been used by overseas pharmaceutical companies, it is still an unknown area in Japan. The company hopes in the future to conduct contract research for pharmaceutical companies and enter the iPS cell drug research area. (Click here for more-Japanese language