Shionogi & Co., Ltd., an Osaka-based pharma-ceutical firm, agreed to collaborate with UK universities in drug discovery research, the Nikkei Sangyo Shimbun reported in January. In 2011, Shionogi will disburse about ¥100 million (£700,000) in funding, with a view to licensing promising drug seeds.
Pharma Firm to Fund UK University Drug Research
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