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Home香港U.S. equity firm closes yuan-fund eyeing Chinese medical sector

U.S. equity firm closes yuan-fund eyeing Chinese medical sector

HONG KONG — Vivo Capital, a global health care investment company that has backed Chinese companies such as medical-tech platform WuXi AppTec, has held the first closing of a new yuan-denominated fund at 4 billion yuan ($600 million), with a target of eventually raising about 10 billion yuan.

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