Ono Expands Investment in Ono Venture Investment Fund I, L.P. to US$200 Million
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- Double the investment scale to accelerate open innovation and make strategic investments in bio-venture companies -
With the aim of accessing and partnering on drug discovery targets and cutting-edge technologies for the generation of innovative medicines, Ono established Ono Venture Investment, Inc. (
Since the establishment in 2020, OVI and OVI FI have been supporting the drug discovery activities through strategic investments in 11 bio-venture companies to date, including the most recent investment in Photys Therapeutics (
With this increase in investment, Ono will create and accelerate further open innovation through OVI and OVI FI activities, and make more strategic investments in bio-venture companies and startup companies. In this way, Ono will continue to promote innovation and work to achieve the sustainable growth through the creation of innovative new drugs.
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SOURCE ONO PHARMA