A new investment fund started by AstraZeneca and a Chinese investment bank plans to raise as much as $1 billion over four years to invest in China health-care startups
HONG KONG—AstraZeneca PLC plans to raise up to $1 billion for a new fund that would invest in Chinese health-care startups, making it the latest drug giant to place a bet on the world’s second-largest pharmaceuticals market.
The fund—a joint venture between AstraZeneca and a Chinese investment bank—has drawn interest from investors such as Sequoia Capital, the drugmaker’s chief executive, Pascal Soriot, said in an interview. The fund plans to raise between $200 million and $300 million this year, and as much as $1 billion...
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Britain's AstraZeneca launches $1 billion China investment fund with CICCAstraZeneca said it is launching a new fund with China International Capital Cor...
Lire la suite »
Lion Air aims for up to $1 billion listing in early 2020: sourcesLion Air is targeting a flotation of up to $1 billion in the first quarter of 20...
Lire la suite »
California authorities found and destroyed $1 billion worth of marijuana plantsFrom the 459 acres of land, authorities destroyed about 10 million marijuana plants -- a value of approximately $1 billion on the black market, the sheriff's office said.
Lire la suite »
Saudi Aramco value in bank research varies by more than $1 trillion - sourcesValuations for Saudi Aramco vary by more than $1 trillion, according to fund man...
Lire la suite »
Uber lost more than $1 billion in the third quarter, but revenue growth improvedUber is still reporting steep losses but its revenue growth is showing some promise.
Lire la suite »
Britain's AstraZeneca launches $1 billion China investment fund with CICCAstraZeneca said it is launching a new fund with China International Capital Cor...
Lire la suite »