Nikko Principal, AnGes MG Establish Fund for Pharmaceutical, Medical and Biotechnology Companies.Tokyo Tokyo (tō`kēō), city (1990 pop. 8,163,573), capital of Japan and of Tokyo prefecture, E central Honshu, at the head of Tokyo Bay. , Japan, Aug 11, 2005 - (JCNN JCNN Japan Corporate News Network ) - Nikko Nikko (nēk`kō), town (1990 pop. 20,128), Tochigi prefecture, central Honshu, Japan, in Nikko National Park. It is a tourist resort and religious center, famous for its ornate temples and shrines, dating from the Yedo period (1600–1868) Principal Investments Japan (NPIJ) and AnGes MG jointly announced on August 10 that the two companies have agreed to collaborate in the fields of pharmaceutical, medical care and biotechnology, and established a joint investment fund, Bio Sight Innovation No.1 Investment Business Limited Partnership. The new 2.5 billion yen ($22 mil An Internet address domain name for a military agency. See Internet address. (networking) mil - The top-level domain for entities affiliated with US armed forces. ) fund, to which NPIJ and AnGes MG contribute 1.5 billion yen ($13 mil) and 1 billion yen ($9 mil), respectively, mainly targets pharmaceutical and medical companies as well as bio-venture companies in Japan and overseas. Bio-Sight Capital, a Japanese company, manages the fund, being responsible for selecting targets. As an initial step, the fund will invest 5 million euros in Avontec, a German bio-venture company specializing in the development of nucleic-acid-based agents. Source: JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) http://www.japancorp.net Copyright [c] 2005 Japan Corporate News Network. All rights reserved. |
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