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JAPAN'S SANKYO SETS UP FUND FOR US START-UPS WITH INVESTMENT CO.

AsiaPulse News

| April 01, 2003 | COPYRIGHT 2003 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TOKYO, April 1 Asia Pulse - Pharmaceuticals company Sankyo Co. (TSE:4501) announced the establishment of a fund for start-ups in the U.S. with investment company Thomas Weisel Partners LLC.

The total investment amount is expected to reach US$120 million over 10 years, with Sankyo contributing US$75 million. Other companies and institutions are providing capital as well, but as the largest ...

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Source: HighBeam Research, JAPAN'S SANKYO SETS UP FUND FOR US START-UPS WITH INVESTMENT CO.

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