FUJIFILM Corporation has announced the launch of its life sciences strategic investment fund managed by the Life Sciences Corporate Venture Capital (LS-CVC), a newly established group within the Fujifilm’s Life Sciences Strategy Headquarters in Tokyo, Japan.

Fujifilm is initially investing 7B¥ to start the fund, targeting cutting-edge biotechnology primarily through partnerships with early-stage companies around the world.

In addition to this new fund, the LS-CVC is also taking the company’s prior life science investment portfolio under management, which had been already made in the fields of regenerative medicine, cell therapeutics and drug discovery research products.

The company is considering a wide range of new and innovative business constructs in order to cultivate and foster relationships with emerging biotechs to create new, and strengthen existing, businesses.

In April 2021, Fujifilm established the Life Sciences Strategy Headquarters to plan and promote a comprehensive, integrated strategy to accelerate business growth in the life sciences field. The Headquarters currently manages several business divisions within the fields of biopharmaceutical contract development and manufacturing, iPS cell-derived products for drug and discovery research markets, and industrial cell culture media. The Life Sciences Strategy Headquarters will spearhead the placement of this fund considering Life Science Divisions’ strategic business alignment and development timeline.