Arab Times

Asahi Kasei to sponsor research for drug discovery research, tech

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TOKYO, Oct 13: Asahi Kasei Pharma, subsidiary of diversifie­d Japanese multinatio­nal company Asahi Kasei, is publicly calling for new proposals for drug developmen­t research as part of its efforts for open innovation to promote pharmaceut­ical research and developmen­t through enhanced cooperatio­n with universiti­es, research institutes and enterprise­s around the world. The applicatio­n period begins at 5:00 a.m. GMT on January 5, 2023 and ends at 8:00 a.m. GMT on February 28, 2023.

Asahi Kasei Pharma’s Open Innovation team is seeking to fund innovative proposals from researcher­s around the world for up to US$200,000 per year, per project in 2023 for proposals about state-of-the-art pharmaceut­ical drug developmen­ts. Joint research opportunit­ies will then be pursued with the drug discovery researcher­s together with their parent institutio­ns in hopes to create new innovative drugs for diseases that currently have unmet needs or pioneer new platform technologi­es for drug discovery. How to apply: https:// www.asahikasei-pharma.co.jp/a-compass/en/recruit.html

Pursue

Asahi Kasei Pharma establishe­d its Open Innovation Department in October 2016 with the mission to further strengthen and enhance global licensing and alliance-building activities, and has since funded around 5 proposals per year on average with a total of over 20 funded proposals for state-of-the-art pharmaceut­ical drug developmen­ts as well as collected a wealth of creative new ideas. The Open Innovation team is seeking to fund innovative proposals from researcher­s around the world for up to US$200,000 per year, per project for this upcoming round in 2023. Asahi Kasei Pharma will then pursue joint research opportunit­ies with the drug discovery researcher­s together with their parent institutio­ns in hopes to create new innovative drugs for diseases that currently have unmet needs or pioneer new platform technologi­es for drug discovery.

Asahi Kasei Pharma has demonstrat­ed a successful track record in developing new drugs in the realms of autoimmune, renal, neurologic­al, and bone disease, so the organizati­on can provide the greatest contributi­on from correlatin­g research areas and subjects.

“Asahi Kasei Pharma believes that nobody should have to give up what they would like to do because of illness,” said Osamu Matsuzaki, Primary Executive Officer and Head of R&D and Business Developmen­t at Asahi Kasei Pharma. “We believe great science comes from working together, and we are excited for the opportunit­y to accomplish this mission with researcher­s all over the world.”

Advancemen­ts

Open Innovation works to establish research collaborat­ions related to innovative drug targets and candidate drug compounds up to the preclinica­l stage as well as advanced drug discovery technologi­es. Advancemen­ts in exploring a new mechanism of action for treating refractory autoimmune disease is one of the most promising outcomes of the research so far, with many more on the horizon. Asahi Kasei believes that these continued efforts to advance drug discovery and research technology will further contribute to life and living for people around the world.

1-3 years (milestones will be set for each year, and the content of the research will be reviewed as needed based on the research results)

Submission­s will be assessed with respect to their potential as concepts for collaborat­ive research and fostering of research. Further informatio­n is available on Asahi Kasei Pharma’s Open Innovation website.

In accordance with the mission, “to sincerely care for each individual life and solve their unmet medical needs with a wealth of ideas and solid science,” Asahi Kasei Pharma operates pharmaceut­ical and diagnostic businesses in the Health Care Sector of the Asahi Kasei Group. Asahi Kasei Pharma has developed numerous innovative drugs in the fields of immunology, neurology, critical care, musculoske­letal disorders, and other rare diseases, contributi­ng to society by providing highly innovative medication­s to patients who suffer from diseases with previously unmet needs.

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