Sumitomo Dainippon Pharma approves commitment to MPM Oncology Innovations Fund

The Japanese pharmaceutical company has backed a multi-regional healthcare fund.

Institution: Sumitomo Dainippon Pharma
Headquarters: Tokyo, Japan
AUM: ¥1.12trn
Allocation to alternatives: 5.24%

Sumitomo Dainippon Pharma has announced its private equity commitment to MPM Oncology Innovations Fund for an undisclosed amount. By committing to the fund, the firm can support early-stage companies in the healthcare, biotech and life science sectors.

As illustrated below, Sumitomo Dainippon Pharma has made five private equity fund commitments which focus on healthcare, biotech and life science sectors.

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