Healthcare company-building profile
Astellas Rx+ Business Accelerator
Astellas Pharma
Source-based profile
Program at a Glance
- Program type
- Accelerator
- Program category
- Pharma accelerator
- Organization
- Astellas Pharma
- Organization type
- Corporate
- Location
- Northbrook, Illinois
- Company stage served
- Not publicly documented
- Cohort or participation model
- Application-based partnership selection rather than a residential cohort
- Investment or funding offered
- Yes
- Published investment terms
- Co-development funding and potential equity investment via Astellas Venture Management; terms not published
- Equity or fee model
- Equity
- Clinical or hospital connection
- Not publicly documented
- Application status
- Uncertain
- Founded
- 2019
Public description
About the program
Astellas' Rx+ Business Accelerator is the company's program for partnering with startups building digital therapeutics, devices and other beyond-the-pill health solutions, offering co-development funding and access to Astellas' clinical and regulatory capability. The program has been run principally from Astellas' Japanese headquarters with global scouting that includes the United States, where Astellas Americas is headquartered in Illinois. Recent US-specific intake is not clearly documented.
What the program publicly emphasizes
Focus areas and features
- Category: Pharma accelerator
- Program structure: Application-based partnership selection rather than a residential cohort
- Published terms: Co-development funding and potential equity investment via Astellas Venture Management; terms not published
Sources
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