China's Addor Capital closes second health industry fund at $241m

China's Addor Capital closes second health industry fund at $241m

Source: Laurynas Mereckas/Unsplash

Chinese venture capital (VC) firm Addor Capital announced on Tuesday the completion of its second health industry investment fund at 1.557 billion yuan ($240.8 million) to step up investments in emerging innovative drug developers in the country.