Japanese Companies Invest $11M in SomaLogic for Asian Office, Array Collaboration

Two Japanese companies have invested $11 million in SomaLogic, the latter company said this week. Mitsui & Co, an earlier investor in SomaLogic, has invested $10 million in the company, which will support the opening of a joint division of the companies in Asia, while plastics manufacturer Sumitomo Bakelite has invested $1 million, and will collaborate with SomaLogic to develop surfaces for the company’s aptamer microarrays, SomaLogic said.