Japanese electronics manufacturing firm Ricoh takes stake in Baltimore biotech

//Japanese electronics manufacturing firm Ricoh takes stake in Baltimore biotech

Japanese electronics manufacturing firm Ricoh takes stake in Baltimore biotech

Japanese electronics manufacturing firm Ricoh Co. Ltd. is taking a 34.5 percent stake in a Baltimore biotechnology firm, with plans to build out a large U.S.-based biomedical business arm in years to come. With the investment, Ricoh will launch a strategic business partnership with Elixirgen Scientific to develop biomedical products and services around a new drug development method. The price of the deal was not disclosed. The new deal will allow Ricoh to establish a footprint in North American…

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By | 2019-06-19T16:47:01+00:00 June 19th, 2019|Technology|

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