China's Ally Bridge ventures into German healthcare
Ally Bridge Group, a healthcare-focused PE firm based in Hong Kong and the US, has made its first investment in Europe, participating in a EUR6.6 million ($8 million) round of funding for Pieris, a Munich-based clinical-stage biotechnology firm.
Other investors in the Series E round included OrbiMed Advisors, The Global Life Science Ventures, BioM Venture Capital, Gilde Europe Food & Agribusiness Fund and BayTech Venture Capital, according to...
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