Deals
Sony-Backed M3 Targeting Investments in Health-Care Startups
- More than 3.5 million doctors use M3's medical Web portal
- New unit is seeking investments in health technology
This article is for subscribers only.
M3 Inc., a medical Web portal backed by Sony Corp., is embarking on a plan to step up investments in health-care startups at home and abroad.
“Our targets are small firms in the areas such as regenerative medicine, medical devices, digital health care and robotics for medicine in Japan, Europe and the U.S.,” said Kazuhiro Umeda, chief executive officer of M3i, a new unit that will scout out deals. Umeda, 39, is a former vice president of state-backed Innovation Network Corporation of Japan.