Hopu, YuanMing lead $200m investment in US cancer specialist - update
China-based Hopu Investments and YuanMing Capital have led a $200 million investment in US-based cancer treatment specialist Mevion Medical Systems.
Mevion produces equipment for proton therapy, a form of radiation treatment for cancer that is less damaging than normal X-ray treatment. It plans to use the new funds to enter a joint venture with Hopu...
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