DBJ Signs Contract with Newton Biocapital I Pricaf Privee SA, a Japanese-European Venture Capital Fund for Early Stage Pharmaceuticals

Development Bank of Japan Inc. (Chairman: Yasushi Kinoshita) has concluded an investment agreement with Newton Biocapital I Pricaf Privee SA, a Japanese-European venture capital fund focusing on early stage pharmaceuticals.

Newton Biocapital is a Belgian venture capital fund with offices in Belgium and Japan. It is managed by Japanese and Belgian investment professionals with long experience and solid results in the field. Its principal investment targets are early stage pharmaceutical ventures and neglected IPs. With Japanese pharmaceutical manufacturers extending their networks into the European market, the fund is keen to build strategic ties with Japanese companies.

DBJ encourages innovation in healthcare through business development support in fields ranging from pharmaceuticals and medical equipment to digital health. By helping Japanese pharmaceutical manufacturers develop through expanded networks with European partners, the Newton Biocapital investment offers an excellent way to further this goal.

“Designing the future through innovative finance: opening financial frontiers to resolve the issues of our customers and the community while promoting sustainable development for Japan and the world.” Based on this corporate philosophy, DBJ will support initiatives to bring to firms the benefits of knowledge gained through this project and create new corporate value for pharmaceutical manufacturers.