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Easing The Entry Venture Capital ("VC") Markets and the pharmaceutical Industry with
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Profile:Nippon Medical Research, Inc. (NMR), is Japanese pharmaceutical venture company funded by japanese venture capital companies. The core business of NMR is the development of a bactericidal antibiotic against MRSA, but in the course of raising equity for its business, NMR has accumulated substantial know-how and contacts in the Japanese public and private venture capital markets, as well as the pharmaceucital industry and public and private research organisations. NMR is now in a position to provide private investment banking services to domestic and foreign pharmaceutical venture companies seeking equity funds from Japan, and/or assisting the location and negotiation of suitable partner(s) for distribution, licence, joint venture etc and for conducting due diligence. |
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Japanese Venture Capital Companies:There are approximately 120 active venture capital companies in Japan of which approximately 50 are located in the major cities. These 50 VC are the possible candidates for pharmaceutical ventures since the majority of local VC companies limit their focus on the local domestic business. The Japanese venture capital environment is favourable at present due to low interest rates, excellent return realised in the OTC markets (mostly IT ventures), and the government support through deregulation and implementation of investment incentives. Unfortunately, the Japanese venture capital market's attitude towards any pharmaceutical and biotechnology - related ventures are skeptical for three reasons:
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New Biotechnology Seeds:The Japanese government opened the doors of Japanese public institutions in 1998 to the industry by alowing institutes to establish patent and licensing organisations as a way of commercialising through licensing deals the technologies discovered. We expect an enormous number of patents and technologies build-up in the forthcoming years, since they are now available without the concern of violation of the government employee act. |
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NMR Advantages:NMR being the first pharmaceutical venture in Japan is well known amongst the Japanese VC's. Being the pioneer in this area, NMR is well versed with the dealings with Japanese VC's:
NMR forwads "NMR News release" to Japanese VC's on a regular basis as an educational process to familiarise Japanese VC's to the field of pharmaceuticals and biotechnology. NMR is focused in the pharmaceutical field, with a small group comprised of specialists with extensive experience and effective communication skills in Japanese, English, French and German. NMR has an affiliation with a Japanese CRO company, a detail / promation company (12 leading pharmaceutical wholesale companies with 10,000 sales representatives are shareholders), and a TLO (public Technology Licensing Office) company. |
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Nippon Medical Research, Inc. |