Joincare Pharmaceutical acquired a 14.9% stake in Apricot Forest as part of a series D round that will value the physician information app at $200m.
Pharmaceutical company Joincare Pharmaceutical Group has agreed to pay $30m for a 14.9% stake in Apricot Forest, the China-based developer of an information app for doctors, Reuters reported on Tuesday.
Founded in 2011, Apricot Forest has built an app that provides physicians with information including patient records and medical journals, in addition to discussion forums.
Joincare is providing the capital as part of a series D round that will value Apricot Forest at $200m, according to a market disclosure. It…
