U.S. regulators forcing PatientsLikeMe’s Chinese majority owner to sell its stake
Cambridge, Massachusetts-based PatientsLikeMe is being forced to find a new buyer for the company because of the iCarbonX divesture mandated by U.S. regulators.
Cambridge, Massachusetts-based PatientsLikeMe is being forced to find a new buyer for the company because of the iCarbonX divesture mandated by U.S. regulators.
The Chinese venture firm has a heavy focus on technology, and has made many investments in the healthcare space. This is its fifth fund on the U.S.
The cross-border investment firm now has $350 million under management. It's invested in some high profile biopharma companies - including Juno Therapeutics, Foundation Medicine and Novira Therapeutics.