Shin Nippon Biomedical Laboratories, Ltd. (JP:2395) has released an update.
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Shin Nippon Biomedical Laboratories and SBI Holdings have partnered to create a new $40 million fund aimed at supporting early-stage startups in North America, focusing on areas like AI, climate tech, and healthcare. The fund will work in tandem with a business incubation facility in Washington State to foster growth and investment opportunities in the biotechnology and drug discovery ecosystem. This strategic move is expected to generate synergies and enhance the value of portfolio companies within the global market.
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