The chief executive of what was touted as a $100 million investment fund aimed in part at Ohio medical device companies has been indicted for his alleged role in the failure of a suburban Cleveland credit union. The indictment of 43-year-old businessman Eddy Zai, who was charged with 34 counts related to more than $16 […]
Medical device entrepreneurs in Ohio (and elsewhere) have a new source of capital to hit up: the recently announced $100 million Cleveland Bio Fund. The new fund, which is backed by Chinese investors, is planning to invest between $3 million and $8 million a pop in U.S. device companies, and hopes to enter into its […]
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