The medical social network operator will target chronic disease management startups through the $76.3m fund, formed with Wuhan S&T Investment and China Merchants Bank.
China-based physician networking service Medlinker launched a RMB500m ($76.3m) corporate venturing fund yesterday, DealStreetAsia reported.
Medlinker operates an online platform where doctors and other medical staff can connect and discuss work and cases. It plans to invest in companies developing technologies that can facilitate the management of chronic illnesses.
The vehicle has been established in partnership with investment firm Wuhan S&T Investment Company and an affiliate of financial services firm China Merchants Bank.
Areas of interest for the fund will…
