Mitsui and Preferred Networks to Establish Joint Venture to Provide Biomedical/Healthcare Solutions, Including Cancer Diagnostic Service, Based on Deep Learning Technology

Nov. 15, 2018, Tokyo Japan – Mitsui & Co., Ltd. (“Mitsui”, Head Office: Tokyo, President and Chief Executive Officer: Tatsuo Yasunaga) and Preferred Networks, Inc. (“PFN”, Head Office: Tokyo, President & CEO: Toru Nishikawa) entered into an agreement on November 15, 2018 to establish a new joint venture in the United States to commercialize deep learning based biomedical/healthcare solutions. The CEO of the new joint venture will be Nobuyuki Ota, COO of Preferred Networks America, Inc.

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