Rohto Pharmaceutical and AI startup Recursive have entered into a capital and business alliance to realize a well-being society through the use of AI.
June 24, 2024
ROHTO Pharmaceutical Co., Ltd. (Headquarters: Osaka City, Osaka Prefecture, President and Representative Director: Masafumi Sugimoto, hereinafter "Rohto Pharmaceutical") and Recursive Inc. (Headquarters: Shibuya Ward, Tokyo, Representative Director: Thiago Lamar, Japanese: Recursive, hereinafter "Recursive"), a company that develops AI solutions to promote sustainable business transformation, are pleased to announce that they have entered into a capital and business alliance as of June 14th.
Background and Aims
Rohto Pharmaceutical has adopted "Connect for Well-being" as its management vision, and with the desire to support the health and happiness of people around the world, it has been working towards realizing well-being not only in the healthcare field but also in various other areas such as food, community, health and productivity management.
Recursive's mission is "Build a fairer, more sustainable society," and it is a service provider that delivers AI solutions to build a sustainable future. Combining expertise in a wide range of industries including environment, energy, healthcare, pharmaceuticals, food, and retail, along with advanced technological capabilities and specialized knowledge in sustainability, Recursive provides AI system development and consulting services. Unrivaled professionals are leading the creation of a new society with world-class technology, leaving a better global environment and society for future generations.
Rohto Pharmaceutical and Recursive have entered into a capital and business alliance to collaborate in order to offer more customer-centric value by making maximum use of cutting-edge AI technology to collect and analyze individual health data for effective use. Through this collaboration, we aim to generate various innovations and realize a well-being society through the use of AI.
About ROHTO Pharmaceutical Co., Ltd.
| Company Name |
ROHTO Pharmaceutical Co., Ltd. |
| Head office location |
1-8-1 Tatsumi-Nishi, Ikuno-ku, Osaka City, Osaka Prefecture |
| Founding |
February 22, 1899 (Meiji 32) |
| President and Representative Director |
Masashi Sugimoto |
| Establishment |
September 15, 1949 (Showa 24) |
| Number of employees |
1,687 employees (standalone), 7,259 employees (consolidated) (as of March 2024) |
| Main business activities |
Manufacture and sale of pharmaceuticals, cosmetics, functional foods, etc. |
| URL |
https://www.rohto.co.jp/ |
About Recursive Co., Ltd.
| Company Name |
Recursive Inc. |
| Head office location |
6th Floor, Shibuya S-6 Building, 1-7-1 Shibuya, Shibuya-ku, Tokyo |
| Establishment |
August 2020 |
| co-founder |
Thiago Lamar / Katsutoshi Yamada |
| Business details |
Providing AI research and development and sustainability-related solutions. |
| Number of employees |
52 people (as of May 2024) |
| URL |
https://recursiveai.co.jp/ |