AMED drug-discovery ecosystem grant · Biotech

Revascular Bio selected for AMED drug-development grant

The project targets intractable skin ulcers associated with systemic sclerosis.

Revascular Bio Co., Ltd. has been selected for an AMED drug-discovery ecosystem grant, announced on June 14, 2024. The recipient’s allocation was not disclosed.

The selected project develops a vascular endothelial stem-cell therapy for difficult-to-treat skin ulcers associated with systemic sclerosis. It forms part of AMED’s fourth call for drug-discovery ventures.

The company is developing cell therapies based on academic research into blood-vessel maintenance and regeneration. Its work connects therapeutic research with methods for preparing and manufacturing the cells.

Use of funds

Develop endothelial stem-cell therapy for intractable skin ulcers associated with systemic sclerosis

Funding history

AMED drug-discovery ecosystem grant · This roundUndisclosed
OUVC2 investment¥220M

Sources

  1. AMED fourth drug-discovery ecosystem grant selectionsamed.go.jp · Jun 14, 2024