Notice concerning the Start of Investment Business of Ono Digital Health Investment, GK
Ono Pharmaceutical Co., Ltd. (Osaka, Japan; President and CEO: Gyo Sagara; “ONO”) announced the establishment and start of an investment business of Ono Digital health Investment, GK (“ODhI”) as a corporate venture capital (CVC) that invests in venture companies in the field of healthcare, other than the ethical pharmaceutical drug-related field.
With growing interest in the healthcare field, the number of venture companies are increasing to solve health-related social issues, such as disease prevention and improvement of quality of life (QOL), by using digital technology. Through ODhI, our wholly-owned CVC, ONO will provide new value in the healthcare field by co-creating with venture companies that utilize digital technology.
ODhI will make investments in venture companies regardless of their business stage or location. Through collaborations and other initiatives between promising venture companies both in Japan and overseas and Ono’s affiliates, we are committed to extending healthy life expectancy and realizing a sustainable society.
Ono Venture Investment, Inc. ( https://www.onoventure.com/ ), a CVC established in the US in May 2020, will continue to invest in bio-venture companies related to drug discovery.
Summary of Ono Digital health Investment
Company | Ono Digital health Investment, GK. |
Location | 9-11, Nihonbashi-Honcho 4-chome, Chuo-ku, Tokyo |
Establishment | March 2022 |
Representative | Masaki ITO, Operating Officer/President |
No. of Staff | 3 persons |
Business | Investment in venture companies in the healthcare field, etc. |
Capital | 10 million yen |
Relationship | A wholly-owned subsidiary of ONO |
Investment size | 5 billion yen (Including the amount of investment before establishment) |
Homepage | https://www.onodigitalhealth.com/en |
Contact | [email protected] |
(Future outlook)
An impact of this matter on the Company's financial business results for the current fiscal year would be marginal. Should there be any events to be disclosed in the future, we will announce them in a timely manner.