BioChina
Sector: Bridge • Location: China
Source: International Finance Corporation (IFC)
IFC is considering an equity commitment of up to $5 million to the BioVeda China Fund (the fund or BioChina), an investment vehicle to be established by a select group of institutional investors, to invest in Chinese biotech and life sciences companies. The Fund will be managed by BioVeda Capital (the manager or BioVeda), a Singapore/US headquartered biotech investment firm which currently manage
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | IFC is considering an equity commitment of up to $5 million to the BioVeda China Fund (the fund or BioChina), an investment vehicle to be established by a select group of institutional investors, to invest in Chinese biotech and life sciences companies. The Fund will be managed by BioVeda Capital (the manager or BioVeda), a Singapore/US headquartered biotech investment firm which currently manages a $32 million venture fund that has invested in the US and Asia. The fund is targeting a first closing in early 2005. BioChina targets to raise up to $25 million to be invested in 3-5 companies to whom the fund would provide both expansion capital and management expertise in order to help to grow their businesses significantly. Exits are expected to be achieved through a stock exchange listing or a strategic sale. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |
