NEW YORK, May 22 – Softbank Finance of Japan and Scientia Health Group, an American incubator for biotechnology ideas, will launch Scientia Japan, which will support genomics firms in Japan, Reuters reported from Tokyo on Tuesday.

"I'm very proud to announce this. We're entering into the world of human genomics," Reuters cited Yoshitaka Kitao, president of Softbank Finance, as saying at a news conference.

Japan has only some 60 genome-related companies, Kitao reportedly said.