HKUST partners SIIC to launch Hong Kong biotechnology fund
The Hong Kong University of Science and Technology (HKUST) and Shanghai Industrial Investment (Holdings) Co., Ltd. (SIIC) have announced the establishment of the Hong Kong Biotechnology Fund (HKBF) to foster innovation in the life sciences sector. The duo said in a statement on last Thursday that with HKUST and SIIC committed as the anchor investors with a target fund size of HK$600 million...
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