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home / articles / astellas biolabs and mitsui fudosan announce a colla mwn benzinga


MTSFY - Astellas BioLabs and Mitsui Fudosan Announce a Collaboration to Enhance the Life Science Ecosystems in Tsukuba and Kashiwa-no-ha Japan | Benzinga

- Open Innovation Hub Named SakuLabTM-Tsukuba will open at the Astellas Tsukuba Research Center -

TOKYO and BOSTON, Oct. 10, 2023 /PRNewswire/ -- Astellas Pharma Inc. (TSE: 4503, President and CEO: Naoki Okamura, "Astellas") and BioLabs Global, Inc. (Founder and CEO: Johannes Fruehauf, "BioLabs") and Mitsui Fudosan (TSE: 8801, President and CEO: Takashi Ueda, "Mitsui Fudosan") today announced that they have agreed on a tri-party memorandum of understanding to enhance the life science ecosystem in Tsukuba and Kashiwa-no-ha, Japan, world-renowned science hubs. With this agreement, the three companies will partner to advance SakuLabTM-Tsukuba, an open innovation hub launched by Astellas in October 2023, and embark on an exciting journey to accelerate open innovation and enhance the life science ecosystem in Tsukuba, Kashiwa-no-ha and the surrounding areas. 



Under this agreement, BioLabs, renowned for its shared laboratories and programing to support life science startups and connect the global life science industry, will support Astellas by bringing its expertise to ensure seamless facility management. It will also co-host networking events for residents and provide them with opportunities to connect with a global life science ecosystem.

Mitsui Fudosan, operates "MITSUI LINK-Lab KASHIWA-NO-HA 1", a rental lab facility in Kashiwa-no-ha that supports tenants' open innovation activities. Astellas established TME iLab open innovation hub for research of tumor microenvironment in Mitsui Fudosan's "MITSUI LINK-Lab KASHIWA-NO-HA 1". Under this agreement, Astellas and Mitsui Fudosan will collaborate to enhance this planned life science ecosystem in Tsukuba, Kashiwa-no-ha and the surrounding areas.

Astellas will prepare ready-to-use experimental facilities for SakuLabTM-Tsukuba in its Tsukuba Research Center, one of their flagship research centers. It will support academia and startups working on innovation by leveraging its drug discovery capabilities and provide networking opportunities between residents and Astellas researchers.

SakuLabTM is the branding name for Astellas' global open innovation hubs. The name "SakuLabTM" ...

Full story available on Benzinga.com

Stock Information

Company Name: Mitsui Fudosan Co. Ltd. ADR
Stock Symbol: MTSFY
Market: OTC

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