Ricoh Company and Elixirgen Scientific have announced that they will jointly develop biomedical products and services to support drug discovery based on cell differentiation technology.

Under the collaboration, the companies will manufacture and deliver cells that have been differentiated from induced pluripotent stem (iPS) cells and chips seeded with differentiated cells, as well as evaluation services for drug responses.

The partnership will combine cell differentiation induction and bioprinting technologies to improve the efficiency of drug discovery processes.

As part of the agreement, Ricoh will acquire a 34.5% interest in Elixirgen Scientific and launch a biomedical business in North America this year, which is expected to be worth around $1.86bn by 2025.

Ricoh Company healthcare business group general manager Nobuhiro Gemma said: “We are thrilled to partner with Elixirgen Scientific on this new biomedical development initiative. By combining the technologies from our two companies, it will be possible to produce disease-specific cell chips derived from multiple iPS cell lines, for example.

“These cell chips can evaluate the diversity of human responses of chemicals at one time in terms of efficacy and toxicity before moving to the clinical trial stage.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Elixirgen Scientific’s quick-tissue technology is capable of inducing iPS and embryonic stem cells to become different cell types, while Ricoh’s bioprinting and inkjet head technologies enable precise control of the number and placement of cells.

Gemma further added: “We have also been developing technologies such as 3D Bioprinter and reference DNA plates, and with today’s announcement, this agreement establishes Ricoh firmly as a player in the biomedical field.”