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Teijin : and Axcelead, Inc , to Establish Drug Discovery Research Joint Venture

Hitachi and Axcelead have agreed to start joint development of solutions contributing on more efficient creation of next-generation biopharmaceuticals

(0) Supporting R&D optimization of next-generation biopharmaceuticals with digital technology and drug discovery platform TOKYO, Apr 7, 2021 - (JCN Newswire) - Hitachi, Ltd. (TSE:6501) and Axcelead, Inc. today announced that they have agreed on a comprehensive collaborative partnership to develop solutions contributing on more efficient creation of next-generation biopharmaceuticals with digital technology and drug discovery platform. Hitachi has also made investment to Drug Discovery Gateway Fund ( DDG Fund ) managed by Whiz Partners Inc. (President: Atsushi Matsumura, Whiz ). Axcelead is the flagship portfolio company of DDG Fund. With continuous progress of life science, practical applications of next-generation biopharmaceuticals with new therapeutics modalities(1) demonstrating better balance of efficacy and side-effect, such as genes-, cell-, and mRNA(2)- therapeutics, have been recognized. Those new drug discovery modalities are also contributing to the speedy and variety

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