Fujifilm stays hot, launches $60M investment fund for new deals
When it rains, it pours. And when things go well for Fujifilm, they go very well.
Fujifilm is launching a strategic investment fund managed by a new group within the company kicking off with $60 million in funding, a company spokesperson said. The news comes on the heels of a string of investments and mergers set to start the year.
The fund will target partnerships with early-stage biotech and pharma companies around the world, the company said in a release. The newly established group — dubbed the Life Sciences Corporate Venture Capital — will take on the company’s prior investment portfolio, which has focused on regenerative medicine, cell therapeutics and drug discovery research projects.
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