Division of Technology Transfer Strengthening Program for Pharmaceutical Startup Ecosystem

Outline

Key Fields Pharmaceutical Startup Ecosystem, Cancer, Life style disease (Diabetes, Hypertension etc.), Neurological and Psychiatric disorders, Aging and Dementia, Intractable disease/Rare disease, Child health and development, Infectious disease, other
R&D Phase Nonclinical Study/Pre-clinical Study, Clinical Study, Clinical Trials
Contact
Division of Technology Transfer, Department of Intellectual Property and Technology Transfer, Japan Agency for Medical Research and Development
In charge of Strengthening Program for Pharmaceutical Startup Ecosystem
E-mail: v-eco "AT" amed.go.jp
Remarks:
*Please change “AT” to “@” in the above address.
*Please be sure to send your inquiry by e-mail.
*Please include the name of the company, name of the person in charge, telephone number, and e-mail address in the body of your inquiry.
We accept inquiries (individual consultation) for interviews regarding applications as follows. Please note that individual consultations will not be held during the application period.
Target: VCs and drug discovery venture companies who are considering applying for this project.
Consultation process: Please submit your questions to the above address by e-mail.
 Please include the name of the company and the name, telephone number, and e-mail address of the person in charge in the body of the message.
 The person in charge will contact you with the date and time of the consultation. We will observe the confidentiality of the consultation.
Form of consultation: Online (web conference) or face-to-face meeting

Overview

Most new drugs in recent years have been developed by pharmaceutical startups, and it is pharmaceutical startups that have succeeded in the development of vaccines early in the current pandemic. Although a large amount of money is required for the development of new drugs, it is difficult to secure the necessary development funds smoothly in Japan's pharmaceutical startup ecosystem compared to Europe and the United States.

In response to this situation, under the "Strategy for Strengthening Vaccine Development and Production Systems" approved by the Cabinet in June 2021, this Program was established to support pharmaceutical startup companies engaged in the commercialization and development of technologies related to vaccines and therapeutics for infectious diseases. Furthermore, in October 2022, the "Priority Issues in a Comprehensive Economic Package regarding the Implementation of the "Grand Design and Action Plan for a New Form of Capitalism" included the following statement regarding this Program: "Going forward, it will enhance support for drug discovery startups by expanding support eligibility to drug discovery fields other than infectious diseases and which face difficult in raising funds".

In order to resolve the shortage of sources of development funds on a large scale, this Program registers venture capitals (VCs) that provide hands-on commercialization support specializing in drug discovery, and supports the development and commercialization carried out by Pharmaceutical Startups in the development stage of non-clinical, phase 1, phase 2, or exploratory clinical trials, with the requirement of investment by the registered VCs (Hereinafter referred to as "Registered VC".), thereby raising the foundation of Japan's pharmaceutical startup ecosystem. In particular, we will actively support commercialization plans in overseas markets in addition to Japan in order to achieve sufficient sales and growth.

Pharmaceutical startups, which are Japanese subsidiaries of foreign corporations established for fund-raising or commercialization in overseas markets, will also be eligible for support.

In this Program, AMED subsidizes the practical development of pharmaceuticals conducted by Pharmaceutical Startups in which registered VCs invest more than 1/3 of total expenses covered by the Subsidy.

PROGRAM SCHEME

Future Calls for Proposals are scheduled as shown in the table below (subject to change depending on circumstances).

Evaluation and Management System

In order to ensure efficient utilization of competitive research funds and smooth implementation to produce excellent results, a program director (hereinafter referred to as "PD".) is assigned to each integrated project, and a program supervisor (hereinafter referred to as "PS".) and a program officer (hereinafter referred to as"PO".) are assigned to each program.
PS, PO, etc. will grasp the progress of the entire Program and provide necessary guidance and advice for the smooth promotion of the Program. In addition, research institutions and researchers are obliged to cooperate with PS, PO, etc. Based on guidance and advice provided by PS, PO, etc., the plan of supporting Subsidized Projects may be reviewed or suspended (including early termination due to the achievement of the plan.) as necessary.

PS

INAGAKI Osamu
Former secretary of the Pharmaceutical Evaluation Committee of the Japan Pharmaceutical Manufacturers Association

PO

HASHIMOTO Chika
President Galasus, LLC

HAYASHI Yoshiharu
Chairman SENSHIN Medical Research Foundation

Registered Venture Capitals

List of Registered VCs (updated Nov 1, 2024)

法人名
4BIO Partners LLP JIC Ventures Growth Investments Co., Ltd.
ANRI Co., Ltd. Keio Innovation Initiative, Inc.
ANV Management, LLC Kyoto University Innovation Capital Co., Ltd.
Astellas Venture Management LLC Mitsubishi UFJ Capital Co., Ltd.
Beyond Next Ventures Inc. Miyako Capital Inc.
Catalys Pacific, LLC MP Healthcare Venture Management, Inc.
D3LLC Newton Biocapital Partners
DBJ Capital Co., Ltd. OSAKA University Venture Capital Co., Ltd.
DCI Partners Co., Ltd. Remiges Ventures, Inc.
Eight Roads Ventures Japan(Eight Roads Capital Advisors Hong Kong Limited) Saisei Ventures LLC
Eisai Innovation, Inc. Taiho Innovations, LLC
F-Prime Capital Partners(Impresa Management LLC) Taiho Ventures, LLC
Fast Track Initiative, Inc. The University of Tokyo Edge Capital Partners Co., Ltd.
JAFCO Group Co., Ltd. UTokyo Innovation Platform Co., Ltd.

Brochure

Last updated 11/15/24