Fidelity's Eight Roads Launches $250 Million China Healthcare Venture Fund

Eight Roads, Fidelity Investment's venture arm, launched a $250 million China Healthcare Fund, its first fund dedicated to China healthcare. The Healthcare fund joins four previous China venture funds that also invested in healthcare, though not exclusively. The Healthcare fund plans to allocate 40% of its funds to therapeutics. Eight Roads will invest in existing companies, and it will also found new ventures that address unmet market demand along with difficult health and delivery issues. Fidelity has been involved in China healthcare since 1995. More details.... Share this with colleagues: // //