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Toyoda Gosei Invests in ThinkCyte, a Startup Developing Devices for the Early Detection of Leukemia and Other Diseases

2023-11-28 14:20
KIYOSU, Japan--(BUSINESS WIRE)--Nov 28, 2023--
Toyoda Gosei Invests in ThinkCyte, a Startup Developing Devices for the Early Detection of Leukemia and Other Diseases

KIYOSU, Japan--(BUSINESS WIRE)--Nov 28, 2023--

Toyoda Gosei Co., Ltd. (TOKYO:7282) has invested* in ThinkCyte K.K., whose technologies are used for a broad spectrum of applications, including the early detection of leukemia and other diseases, with the aim of solving social issues in the healthcare field.

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Cell sorter developed by ThinkCyte (Graphic: Business Wire)

ThinkCyte is a startup developing and commercializing cell analysis and sorting technology platform using AI-based cell image analysis. The company’s technology to analyze individual cells and sort them will enable faster and more accurate diagnoses than conventional methods. Its technology also holds future promise for use in drug discovery.

Toyoda Gosei has been focusing efforts on product development and collaboration with companies in the field of preventive medicine, to help increase life expectancy. Using its technologies in the molding of plastic materials and mold processing, Toyoda Gosei will cultivate business in the healthcare field through its contributions to the commercialization of devices being developed by ThinkCyte.

* Investment made in October 2023, through Toyoda Gosei’s Corporate Venture Capital Dept., an internal organization dedicated to these investments.

Outline of ThinkCyte

Name

ThinkCyte K.K.

Location

7-3-1 Hongo, Bunkyo, Tokyo, Japan

CEO

Waichiro Katsuda

Established

February 2016

Capital

JPY 1.207 billion (as of August 2023)

View source version on businesswire.com:https://www.businesswire.com/news/home/20231127932516/en/

CONTACT: Toyoda Gosei Co., Ltd.

Contact: Public Relations

inquiry@mlist.toyoda-gosei.co.jp

KEYWORD: JAPAN ASIA PACIFIC

INDUSTRY KEYWORD: TECHNOLOGY OTHER PROFESSIONAL SERVICES CHEMICALS/PLASTICS HEALTH MANUFACTURING FINANCE PHARMACEUTICAL PROFESSIONAL SERVICES ARTIFICIAL INTELLIGENCE MEDICAL DEVICES SOFTWARE HARDWARE OTHER MANUFACTURING DATA MANAGEMENT

SOURCE: Toyoda Gosei Co., Ltd.

Copyright Business Wire 2023.

PUB: 11/28/2023 01:00 AM/DISC: 11/28/2023 01:00 AM

http://www.businesswire.com/news/home/20231127932516/en