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Infinity-I-China Fund to Invest the Pharmaceuticals Industry Again
[2009-01-16 16:22:22]
Recently, Infinity Risk Fund with headquarters located in Israel announced that its Infinity-I-China Fund and other investors will invest in Chiral Quest whose headquarters is located in New Jersey, with total investment of the project of USD13m.
Last June, Infinity invested in China Medical Online-a state construction project of health network. This investment will be utilized in the new plant and the R&D center of Chiral Quest in Suzhou industrial park and for expansion of capacity. The high management of the Fund stated the pharmaceutic field is the area paid attention to for long by Infinity-I-China Fund, with agriculture and water technology being also the industries mainly concerned by Infinity in China in 2009.
Infinity-I-China was jointly invested and established by CLAL Industrial Investment Corporation of Israel IDB Group, China Development Bank and China-Singapore Suzhou Industrial Park Ventures Group.
Last June, Infinity invested in China Medical Online-a state construction project of health network. This investment will be utilized in the new plant and the R&D center of Chiral Quest in Suzhou industrial park and for expansion of capacity. The high management of the Fund stated the pharmaceutic field is the area paid attention to for long by Infinity-I-China Fund, with agriculture and water technology being also the industries mainly concerned by Infinity in China in 2009.
Infinity-I-China was jointly invested and established by CLAL Industrial Investment Corporation of Israel IDB Group, China Development Bank and China-Singapore Suzhou Industrial Park Ventures Group.
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