Rikkeisoft Unveils $10 Million Initiative to Advance AI Healthcare Solutions in Japan

During the Vietnam-Japan Economic Forum, Rikkei Japan — the Japanese division of Rikkeisoft — announced its exciting $10 million investment plan and formed a collaborative agreement with Genetica Asia, a leading biotech firm famous for its genetic testing solutions. powered by AI .

With Vietnam's Prime Minister Phạm Minh Chính in attendance alongside various ministry representatives, this collaboration aims to harness technology for advancements in precision medicine. artificial intelligence The announcement specified that the $10 million funding will focus on creating AI-oriented solutions for genetic analysis that cater specifically to the Japanese market.

This initiative not only seeks to benefit individual health but also aims to furnish pharmaceutical firms and research bodies with reliable genetic data, thus facilitating advancements in precision medicine and genetic studies across Asia.

According to Bui Quang Huy, CEO of Rikkei Japan, the AI innovations stemming from this partnership with Genetica will tackle significant health challenges by providing tailored insights to prevent conditions such as cancer, diabetes, and cardiovascular diseases. Moreover, these AI-driven solutions will strengthen individuals' immune systems.

Rikkeisoft has actively engaged in Japan's tech landscape, particularly in addressing social issues linked to an aging populace. health issues Similarly, Genetica, renowned for its AI-centric genetic analysis, is connected with Gene Friend Way in San Francisco and benefits from the guidance of top-notch scientists. Their cutting-edge genetic analysis chip, praised for achieving 99% accuracy, is supported by Illumina, a leading name in genomics globally.

Both organizations are optimistic that this substantial investment will advance precision medicine, providing cutting-edge treatment options for patients and their families.

In March 2023, Vietnam's Prime Minister toured Genetica's facilities, highlighting the essential role of biotechnological development as a key driver for innovation and economic transformation.

Vietnam aspires to be among the top 10 nations in Asia's biotech sector by 2030 by cultivating high-quality talent, robust infrastructure, and the necessary financial resources.

Vietnam’s Bold Biotech Roadmap for 2030

Genetica is committed to supporting Vietnam's 2030 goals by accelerating gene decoding and promoting precision medicine to benefit millions through its AI-based decentralized scientific platform, GenomicDAO. Vietnam Duyen Bui, Co-Founder and Chief Scientific Officer of Genetica, expressed pride in their innovative capabilities, including an AI-driven gene decoding platform, proprietary gene decoding chip for Asian genomes, and a CLIA-certified genomic laboratory, stating during the Prime Minister's visit that these tools will revolutionize healthcare for people throughout Asia and beyond. Bui further emphasized the alignment of their mission with the Vietnamese government's ambition of establishing a biotech unicorn by 2030.

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Kumar is a seasoned technology journalist with expertise at the intersection of AI/ML, marketing tech, and emerging areas like cryptocurrency, blockchain, and NFTs. With over three years in the field, Kumar has built a reputation for crafting engaging narratives, conducting thoughtful interviews, and delivering comprehensive analyses. Kumar excels at producing impactful content, including articles, reports, and research publications for leading industry platforms, skillfully translating complex tech concepts into clear, captivating insights for diverse audiences.

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