Ricoh to launch $7m seed fund to back Japan's mRNA startups

Company targets fledgling businesses with eye toward boosting contract drugmaking

20220829N Ricoh

Ricoh entered the contract drugmaking industry by acquiring a U.S. startup in July. (Photo courtesy of Ricoh)

TSUYOSHI TAMEHIRO and ARATA SHIGENO, Nikkei staff writers

TOKYO -- Japan's Ricoh will create a new fund to invest in pharmaceutical startups working with messenger RNA technology, accelerating its push to diversify beyond copiers and other office equipment.

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