BUSINESS

Rakuten Ramps Up Photoimmunotherapy PIII with Financing, Eyes US Filing in 2028

January 9, 2026
Rakuten Medical said on January 7 that it has completed a US$100 million financing round, which it will use to accelerate a global PIII trial of its photoimmunotherapy drug ASP-1929, marketed in Japan as Akalux. The funds will be directed…

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