Japan’s Bioeconomy Strategy (2024)

The Bioeconomy Strategy formulated in 2019 was updated at the Integrated Innovation Strategy Promotion Council held on June 3, 2024. In this strategy, in order to contribute to both sustainable economic growth and solving various problems, the following five market areas were identified:   (1) Biomanufacturing / bio-derived products (2) Sustainable primary production systems (3) Large-scale buildings utilizing wood and smart forestry (4) Industries related to biopharmaceuticals, regenerative medicine, and cell and gene therapies (5) Lifestyle improvement healthcare and digital health   The goal is to create a 100 trillion yen market in Japan and overseas by 2030.   For each market, the plan sets out a vision for 2030 […]

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An Overview of Japan’s Bioeconomy Strategy and Greater Tokyo Biocommunity

Introduction of Japan’s bioeconomy strategy and Japan’s leading biocommunity, one of which is Greater Tokyo Biocommunity (GTB). contents: Japan’s Bioeconomy Strategy -Global Trends, Japan’s Bioeconomy Strategy, Bio-Based Market, Japan’s Leading Biocommunity, Data Linkage Greater Tokyo Biocommunity (GTB) -Potential of Tokyo Area, Bio-innovation Promotion Areas, GTB Council, Goal and Approaches, KPI, Typical Progress, Tools for sharing activities For details, please see the documents below. Documents

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Japanese Life Science Startup List

Japan Bioindustry Association (JBA) and NPO Kinki Bio-Industry Development Organization (KBDO) jointly publish and manage “Japanese Life Science Startup List,” a database to introduce the activities of various types of Japanese life science startups. Currently, 225 and 140 startups are included in the Japanese and English pages of the database, respectively. The English page is available at: https://area34.smp.ne.jp/area/table/5697/FDN_H3/M?S=lbsfn2mbnak. If you are interested in biotech startups or looking for novel life science technologies or biotech products, please take a look at our list.

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Total sales of member companies of the five biotechnology-related organizations in the GTB area were calculated.

As stated in the Master Activity Plan, GTB has set the growth indicators (KPIs) to visualize the results of its activities. The prime KPI is the total sales of member companies of the five biotechnology-related organizations in the GTB area (listed companies and non-listed companies for which sales figures are available; hereinafter referred to as “member companies”), with the goal of expanding total sales from 102 trillion yen in FY2020 to 145 trillion yen by 2030 through annual growth of 3.6% (*The current status and target figures have been slightly revised due to the recalculation.). Here, we are pleased to announce that we have calculated the figures as of FY2021.

Total sales of member companies of the five biotechnology-related organizations in the GTB area were calculated. Read More »

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