CAS helps GKHT source $154m

Sep 9, 2019 • Robert Lavine

Cash Capital has contributed to a a series C round for medical supplies provider GKHT, established as an affiliate of the Chinese Academy of Sciences-owned Osic Holding Group.

China-based medical supplies distributor GKHT Medical Technology raised more than RMB1.1bn ($154m) on Saturday in a series C round backed by Cash Capital, which invests on behalf of Chinese Academy of Science.
Insurance firm Taikang Life led the round, which also featured 6 Dimensions Capital, the investment firm co-founded by pharmaceutical firm WuXi AppTec, and Legend Capital, the venture capital firm launched by conglomerate Legend Holdings.
The round was filled out by China Merchants Capital, a…

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