logo
JETRO and CIC to Showcase Promising Japanese Biotech Startups at "Japan Innovation Night" during BIO International Convention 2025 in Boston

JETRO and CIC to Showcase Promising Japanese Biotech Startups at "Japan Innovation Night" during BIO International Convention 2025 in Boston

Yahoo06-06-2025
BOSTON, June 06, 2025--(BUSINESS WIRE)--The Japan External Trade Organization (JETRO) and CIC Japan Desk will once again host "Japan Innovation Night: Best in Biotech" - a groundbreaking event showcasing the latest advancements in biotechnology from Japanese startups.
This exclusive gathering will take place on Wednesday, June 18th, 2025, from 5:30pm to 8pm in Venture Café at CIC Cambridge. This event provides a unique opportunity for U.S. venture capital firms and pharmaceutical companies, particularly those based in the Greater Boston Area, to explore potential partnerships and synergies with innovative Japanese biotech firms.
That same week, JETRO will also be organizing the Japan Pavilion at BIO International Convention 2025 in Boston; therefore, JETRO is pleased to bring several of the exhibiting startups to present their products in a more intimate setting at Japan Innovation Night. The event will feature ten carefully selected startups that will each be given three-minute pitches to present their latest innovations and partnering strategies and goals. A networking session will also be arranged for after the pitch session.
In 2024, the Japanese government updated its Bioeconomy Strategy, expressing its intent to step up its support for bioeconomy fields in Japan. This is on top of an already one trillion-yen budget measure enacted by the Japanese government in fiscal year 2022. The Bioeconomy Strategy underscores the Japanese government's commitment to expanding Japan's bioeconomy in the hopes of providing solutions to a myriad of societal and economic issues, from the environment to food to health and economic development.
In the Strategy, the Japanese government commits to enhancing the local startup ecosystem, ensuring its support aligns with the domestic biomanufacturing sector's structure and the challenges its players face. By coordinating initiatives across government efforts, the Bioeconomy Strategy aims to establish environments that foster startup creation, growth, and R&D. JETRO will introduce innovative startups from this market at Japan Innovation Night.
Full List of Japanese Startups:https://www.jetro.go.jp/newsletter/SFC/2025/japan_innovation_night_2025_startup_list.pdf
Pre-Registration Here:https://venturecafecambridge.org/event/japan-innovation-night-2025/
About JETRO
The Japan External Trade Organization (JETRO) is a Japanese government-affiliated agency that supports Japanese businesses expanding globally and international businesses entering Japan.
JETRO helps to facilitate collaboration and business alliances between Japanese and overseas companies via its business platform "J-Bridge."
About CIC
CIC builds and operates a global network of innovation campuses where startups, scale-ups, corporations and public entities connect, work, and grow. Founded in 1999, CIC manages 1.5 million square feet of innovation-focused workspace, laboratories, and event space across North America, Europe and Asia. Additionally, CIC develops bespoke programming, builds and enables industry clusters, and provides world-class district consulting—all focused on advancing innovation.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250605947046/en/
Contacts
Ryota HiramotoJETRO New YorkRyota_Hiramoto@jetro.go.jp 1-212-997-0400
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Southern Fried Chicken Chain Bojangles Is Opening in New York City
Southern Fried Chicken Chain Bojangles Is Opening in New York City

Eater

time32 minutes ago

  • Eater

Southern Fried Chicken Chain Bojangles Is Opening in New York City

is a born-and-raised New Yorker who is an editor for Eater's Northeast region and Eater New York, was the former Eater Austin editor for 10 years, and often writes about food and pop culture. Bojangles, the fried chicken fast-food institution from North Carolina, is going to open a bunch of locations in New York City. The chain's first restaurant will open in East Flatbush sometime in the winter, followed by 19 more locations throughout the city over the course of a decade. The press release notes that the last time Bojangles was in New York was back in the 1980s. There are also plans to open 35 more locations in New Jersey, too (currently, there's one in Piscataway). All of these franchise expansions are happening through the Hashimi Holding Corporation and owner Habib Hashimi. Bojangles started in 1977 in Charlotte, became known for its Southern-style fried chicken and biscuits, and expanded throughout the country. New burrito alert A new burrito joint, courtesy of a chef from El Paso, Texas, debuted in Brooklyn this week. Los Burritos Juarez opened in Fort Greene at 354 Myrtle Avenue, near Adelphi, on Thursday, August 14. The menu's a simple one: burritos in four styles, the chile colorado, salsa verde, mole, and frijoles con queso. There are also quesadillas, salsitas (chips), guacamole, aguas frescas, and sodas. Chef and owner Alan Delgado, who had worked at New York City Mexican restaurants such as Oxomoco, worked on his burritos as a pop-up in New York for some time. A burrito at Los Burritos Juarez. Linda Pugliese Fancy cocktail collab celebration As part of the fine-dining restaurant in the Museum of Modern Art's 20th anniversary, the Modern is hosting a lauded New York cocktail bar for a collaboration pop-up next month. The Bar Room is bringing in Japanese cocktail bar Martiny's for special drinks on Wednesday, September 10, from 5 to 9 p.m., for walk-ins at the bar and lounge spaces.

Japan Watches Economic Waters Amid China's Growing Presence
Japan Watches Economic Waters Amid China's Growing Presence

Newsweek

time5 hours ago

  • Newsweek

Japan Watches Economic Waters Amid China's Growing Presence

Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Japan is enhancing its surveying capabilities in its vast exclusive economic zone (EEZ) by upgrading an unmanned deep-sea probe and building a new mother ship to carry submersibles. The enhancements come as Japan's powerful neighbor China expands the presence of research vessels in the region. When asked for comment, Japan's consulate-general in Hong Kong referred Newsweek to a Japanese coast guard document, which said one of its missions was to guard the EEZ against foreign vessels conducting research activities without Japan's prior consent or agreement. In its response to Newsweek, the Chinese Embassy in Washington, D.C., cited an earlier comment by the country's Foreign Ministry, which questioned Japan's claim of an EEZ around a reef and said China's ships were exercising the freedom of the high seas. What Is an EEZ? The United Nations Convention on the Law of the Sea (UNCLOS), an international treaty establishing the legal framework for order in oceans and seas, defines the EEZ as a maritime area extending up to 230 miles from the coastline and lying beyond and adjacent to the territorial sea, which under the treaty extends no more than 13.8 miles from the coastline. Japan's EEZ covers about 1.56 million square miles, compared with its land area of about 146,718 square miles. Tokyo said the EEZ was "indispensable" to Japan, allowing it to "exclusively develop valuable marine energy and mineral resources and exploit aquatic resources." According to UNCLOS, a coastal state has sovereign rights to "explore, exploit, conserve and manage" natural resources and jurisdiction over "marine scientific research" in the EEZ. Collin Koh, a senior fellow at the Institute of Defense and Strategic Studies in Singapore, told Newsweek on Monday that "surveying activities" would be assumed to fall under the term marine scientific research. States seeking to conduct such activities must obtain prior permission from the relevant coastal state before carrying them out, he added. What To Know The Japanese government has decided to construct a new mother ship for carrying multiple manned and unmanned deep-sea probes, local media reported in July. Scheduled for completion in the 2030s, it would replace the current, aging mother ship, the Yokosuka—which was built more than three decades ago—to conduct "efficient surveys" of seabed resources. In late July, the Japan Agency for Marine-Earth Science and Technology announced that its unmanned deep-sea probe, the Urashima, reached a depth of 26,246 feet during a recent trial in the Izu-Ogasawara Trench, which lies south of Japan in the western Pacific. The probe has been upgraded for deeper dives, enabling it to reach the deepest parts of Japan's EEZ. In this photo provided by the Japan Agency for Marine-Earth Science and Technology on July 30, the unmanned deep-sea probe Urashima conducts a trial in the Pacific Ocean. In this photo provided by the Japan Agency for Marine-Earth Science and Technology on July 30, the unmanned deep-sea probe Urashima conducts a trial in the Pacific Ocean. Japan Agency for Marine-Earth Science and Technology Japanese media noted that half of Japan's EEZ has a depth of more than 13,123 feet, with many areas exceeding 19,685 feet. Hence, deep-sea exploration is essential for mining rare earths. Interest in rare earths—comprising 15 lanthanides and scandium and yttrium, which are critical for modern technologies, such as artificial intelligence—is rising amid trade disputes between the U.S. and China. China holds the world's largest rare earth reserves at 44 million metric tons and produces 70 percent of the global supply. China's Challenge While Japan is overcoming technological difficulties in developing natural resources in its EEZ, China poses a challenge for Tokyo in protecting its economic waters across the western Pacific. As of Tuesday, three Chinese oceanographic research ships had been detected conducting research activities in the EEZ without Japan's consent since January. Regarding Chinese research activities in Japan's EEZ, Koh said the same set of marine scientific research data would be useful not only for advancing scientific knowledge and commercial applications—such as minerals—but also for military operations. Chinese research vessel R/V Tan Kah Kee transits near Japan's Okinotorishima island in the Pacific Ocean on May 26. Chinese research vessel R/V Tan Kah Kee transits near Japan's Okinotorishima island in the Pacific Ocean on May 26. Japan Coast Guard In areas known to contain seabed resources, these activities could be intended to prospect marine economic data that supports follow-on extractive operations, the analyst said. For military applications, the gathered data could be used to create "undersea domain awareness" for planning submarine and anti-submarine warfare operations, he added. Japan is a key United States security ally in restricting China's military activities in the event of war in the western Pacific. It forms part of the first island chain—along with Taiwan and the Philippines—a north-south defensive line under a U.S. maritime containment strategy. While Japan operates one of Asia's—and the world's—most advanced and best resourced maritime forces, the Maritime Self-Defense Force and the coast guard, it faces a challenge in the type of response it can make to unauthorized foreign activities in the EEZ, according to Koh. "Besides keeping tabs on and issuing audio and visual challenge, Japan's maritime forces couldn't possibly 'expel' the transgressing foreign vessel in a forceful manner without potentially triggering a diplomatic incident or worse, an escalatory armed clash," he said. The Japan coast guard patrol vessel Akitsushima takes part in a joint drill with the Philippine and United States coast guards in the South China Sea off the Philippines' Luzon island on June 6, 2023. The Japan coast guard patrol vessel Akitsushima takes part in a joint drill with the Philippine and United States coast guards in the South China Sea off the Philippines' Luzon island on June 6, 2023. Kyodo via AP Images Last year, Hidden Reach, an initiative of the Center for Strategic and International Studies, issued a report identifying a total of 64 Chinese research and survey vessels active between 2020 and 2023, making it the largest fleet of civilian research vessels in the world. Many of these vessels are operated by state-affiliated organizations with close ties to the Chinese military, while some have surveyed foreign EEZs without prior approval, the report said, warning that "the line between its civilian and military research is heavily blurred." What People Are Saying Collin Koh, a senior fellow at the Institute of Defense and Strategic Studies, told Newsweek: "But there's a gray area here that's yet to be resolved: what about such oceanographic research and hydrographic survey activities carried out by military actors? This was a bugbear most prominently highlighted in the case of the U.S. naval surveillance activities in Chinese EEZ in particular." A 2025 Japanese coast guard document said: "In accordance with international law and domestic law, the [Japanese coast guard] conducts day-and-night surveillance and vigilance against foreign official vessels, oceanographic research vessels as well as illegal fishing by foreign fishing vessels." What Happens Next China is likely to continue sending research ships into Japan's EEZ despite Tokyo's protests. It remains to be seen how the Japanese coast guard will enhance its monitoring of the country's economic waters, including through cooperation with the Maritime Self-Defense Force.

Dollar slips before U.S. data, eyes on Trump-Putin meeting
Dollar slips before U.S. data, eyes on Trump-Putin meeting

CNBC

time6 hours ago

  • CNBC

Dollar slips before U.S. data, eyes on Trump-Putin meeting

The U.S. dollar slipped on Friday as investors remained cautious about the rate outlook ahead of import price data, after recent figures suggested inflation could accelerate in the coming months. The yen outperformed the euro and the pound after surprising strong Japanese growth data which showed export volumes held up well against new U.S. tariffs. All eyes will be on a meeting in Alaska later on Friday between U.S. President Donald Trump and his Russian counterpart Vladimir Putin, though hopes of sealing a ceasefire agreement on Ukraine remain uncertain. U.S. import price figures will be more closely watched than usual after data on Thursday showed a surprisingly sharp jump in U.S. producer prices last month, pushing the dollar higher. If import prices keep rising, it may signal that U.S. companies are fully absorbing the tariffs, leaving them with two options: pass the costs on to consumers, potentially stoking inflation, or take the hit to profit margins. Money markets reflect a 95% chance of a 25-basis point Fed rate cut in September. They fully priced a 25-bp cut and a 5% chance of a larger 50-bp move before Thursday's U.S. data. Markets also await next week's Jackson Hole symposium for clues on the Fed's next move. Signs of weakness in the U.S. labor market combined with inflation from trade tariffs could present a dilemma for the Fed's rate cut trajectory. The yen was up 0.4% against the dollar at 147.20, helped by data showing Japan's economy grew much faster than expected in the second quarter. U.S. Treasury Secretary Scott Bessent's remarks earlier this week that the Bank of Japan could be "behind the curve" in dealing with the risk of inflation proved to be another tailwind for the yen. "Although BoJ Governor Ueda, may choose to disregard Bessent's remarks, the Japanese authorities will not want the value of the yen to become more of a concern to the Trump administration than it already is," said Jane Foley senior forex strategist at RaboBank. The euro rose 0.25% versus the dollar to $1.1675. Most analysts expect Europe's single currency to benefit from any ceasefire deal in Ukraine. "The Trump-Putin meeting and any better clarity on the path ahead in the Ukraine conflict have longer-lasting implications for the euro than for the dollar," said Francesco Pesole, forex strategist at ING. "There is a chance that today might be the first step in the direction of de-escalation, and markets may tread carefully for now," he added. The pound was up 0.20% against the U.S. currency at $1.3553. The Australian dollar was up 0.2% versus the greenback at 0.6508. The Chinese yuan pulled back from a two-week high as weaker-than-expected economic readings weighed on sentiment.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store