Japan Radio and ORLA UK establish Joint Venture Company

Japan Radio Corporation and ORLA Protein Technologies of Newcastle UK established a joint venture for the development of a sensor of diagnosis for diseases in November.

Both companies have been collaborating in developing the technology since 2007.

The capital of the company “ O-J Bio” is 125k pounds ( 1,800milion yen), and 20% is from JRC and 80% is from ORLA.

The sensor is a device with several cm square, and it makes a diagnosis of the disease from a small amount of blood.

The target is the application for detecting and making diagnosis of the infection diseases such as flu and AIDS. They aim at sales of 10 billion yen within five years by distribution for testing equipment companies.