The Institute of Bio-Active Sciences was established in Yashiro-cho, Hyogo prefecture, Japan in 1983. The institute conducts basic research on drug development with its main focus on the research of bioactive substances. Adopting a new approach to research which attaches primary importance to the body rather than one which favors chemically synthesized substances and associated research themes such as the regulation of biofunctions and research on defense substances, the institute promises to pioneer new fields in medicine.

The Konishi Commemorative Hall, located within the precincts of the institute, is used to accommodate guests from universities and research institutes both from Japan and abroad. It also functions as a space for free discussion and debate.