Goldman Sachs eyes $70m investment in Japan pharmacy systems firm

Kakehashi develops software used in more than 20% of country's pharmacies

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Kakehashi develops software that helps pharmacists instruct patients on taking prescription drugs. (Photo by Eisaku Nitta)

SAKI AKITA

TOKYO -- Goldman Sachs will invest about 10 billion yen ($69.1 million) in Kakehashi, a Tokyo-based developer of software for pharmacies, the U.S. bank's first investment in a Japanese startup in two years.

Goldman Sachs has invested more than $13 billion in startups since 2003. In Japan, it invested in marketplace app company Mercari in 2018 and taxi-hailing app developer Go in 2023.

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