Asia
Suzhou New District Hi-Tech Industrial Invests 15 Million Yuan in Biopharma Fund
Suzhou New District Hi-Tech Industrial (SHA:600736) subsidiary Suzhou High-Tech Investment Management will invest 15 million yuan as a limited partner to Rongsheng Baipu Venture Capital Partnership, according to a Thursday filing with the Shanghai bourse..The fund, which targets a size of between 500 million yuan and 800 million yuan, focuses on unlisted enterprises in life science tools, biopharmaceuticals, medical devices and biomanufacturing.Shares of the industrial park operator were down 2% Thursday.
SHA:600736
