On May 24, Cathay Fund officially announced the establishment of the Cathay Global Medical Fund. The fund has a management scale of 500 million euros (over 3.5 billion yuan) and will focus on investing in areas that integrate healthcare, life sciences and technology. Relying on Cathay Fund’s good investment record and strong global industrial ecological platform, the new fund will focus on early-to-growing innovative companies in Asia, Europe and North America, helping companies bring more breakthroughs to the medical field .
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