UPDATED: WuXi Healthcare plots a $250M biotech venture fund for U.S., China

Fast-growing R&D services outfit WuXi PharmaTech is marching ahead with plans to wrap a $250 million venture fund aimed at U.S. and China life sciences companies. WuXi filed documents with the SEC last week outlining the goal for WuXi Healthcare Ventures Fund II, which it’s already made a $50 million anchor investment in.

Source: www.fiercebiotech.com

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