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Aggregated China Business Blogs
Investors Acquire 20% Of BGI Shenzhen For $320M
Aggregated Source: China Money Network
A subsidiary of Chinese life science company BGI has received RMB2 billion (US$320 million) investment from several unnamed Chinese institutional investors, according to Chinese media reports. These investors are to acquire a 20% stake in subsidiary BGI Shenzhen, whose main business is noninvasive prenatal testing, at a valuation of around RMB10 billion (US$1.6 billion). The […]

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