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WUXI APPTEC (02359.HK) Subscribes to EUR10M Investment Fund
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WUXI APPTEC (02359.HK) announced a subscription of EUR10 million to the investment fund Sofinnova Capital XI SCSp SICAV-RAIF, accounting for approximately 4.4% of the fund's raised shares. The target size of the investment fund is EUR500 million. With WUXI APPTEC's EUR10 million, a total of EUR228.3 million has been raised. The fund primarily focuses on investing in the life sciences sector, particularly in startups within the biopharmaceutical and medical device industries. AAStocks Financial News |
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