Arcturus Therapeutics handed $115M from Japanese government to develop production site

San Diego-based RNA biotech Arc­turus Ther­a­peu­tics’ man­u­fac­tur­ing op­er­a­tions in Japan have been giv­en a fi­nan­cial boost from the lo­cal gov­ern­ment.

Ar­calis Co., Ltd., its pro­duc­tion op­er­a­tion, is a joint ven­ture be­tween Arc­turus and Tokyo-based drug dis­cov­ery com­pa­ny Ax­ce­lead. Ar­calis has re­ceived $115 mil­lion in two grants from the Japan­ese gov­ern­ment. Ar­calis is re­spon­si­ble for man­u­fac­tur­ing mR­NA-based vac­cines and med­i­cines.

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