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Qiming-Backed AI Drug Discovery Startup Insilico Medicine Files For Hong Kong IPO
Insilico Medicine was valued at about $895 million after raising $95 million last July from the likes of leading Chinese healthcare-focused firm Qiming Venture Partners and billionaire Eduardo Saverin’s B Capital, among others.
This AI Startup Wants To Be The Next Nvidia By Building Brain Cell-Powered Computers
At Cortical Labs, CEO Hon Weng Chong is building biological computers that he hopes will not just surpass AI, but supercharge growth of other companies.
Adrian Cheng Teams Up With Covid Testing Firm Prenetics For Greater Healthcare Accessibility
Cheng’s blank-check company Artisan Acquisition Corp. will merge with Prenetics in a deal that will value the biotech firm at $1.25 billion.
Ping An, Alibaba, JD.com Healthcare Units Tumble As State Media Calls For Stepped Up Regulation
Chinese online healthcare stocks plunged more than 10% after a state-run newspaper called for greater supervision of prescription drugs sold on the internet, sparking fears that the government is preparing to introduce new regulations.
