First Japanese Pharma Giant Astellas Opens Research Hub for Korean Biotech Startups
SEOUL, SOUTH KOREA, JUL 17 – The partnership aims to boost Korean drug-discovery startups' growth by providing lab space, expert consultations, and funding, supporting global expansion, KISED said.
- On July 17, 2025, Astellas Pharma Inc. agreed an MoU with KISED to operate the Partnership with Global Companies Program.
- The Partnership with Global Companies Program is designed to identify Korean drug-discovery startups and offer support by providing lab and office space, expert consultations, and funding.
- Two startups—TCUBEiT Inc. and AAVATAR Therapeutics—were selected, and they will begin collaboration at SakuLabTM-Tsukuba.
- Called `very pleased to agree on a MoU with KISED`, Tadaaki Taniguchi said.
- With collaboration imminent, KISED plans to expand its global support networks, while financial impact on Astellas is expected to be minor.
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Astellas Announces a Partnership with the "Korea Institute of Startup and Entrepreneurship Development", an Umbrella Organization of the "Ministry of SMEs and Startups", a Korean Government Agency, for the Operation of the "Partnership with Global Compani
Supporting Korean Startups' Drug Discovery Research and Global Expansion
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Total News Sources69
Leaning Left5Leaning Right6Center26Last UpdatedBias Distribution70% Center
Bias Distribution
- 70% of the sources are Center
70% Center
14%
C 70%
R 16%
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