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Biotechnology

American VC firm Arch launches $3bn biomedical fund with eye on Japan

Fund looks to help develop startups short on capital, co-founder says

Japan has promising biotech startups that often lack the support needed to bring their technology to market. (Photo courtesy of Chordia Therapeutics)

TOKYO -- U.S.-based Arch Venture Partners has launched a $3 billion venture capital fund specializing in medical technologies, one of the world's largest of its kind, with Japanese startups among its potential targets.

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