Medtronic and Sequoia Start $60 Million China Healthcare Fund

Medtronic PLC, a global medical device maker, has partnered with Sequoia Capital to establish a $60 million joint investment fund, which will invest in healthcare technology startups aimed at China's market. Suzhou BioBay joined as a limited and strategic partner. The ideal investment candidate will be a new China company with the potential to succeed in global markets. Ex-China companies that are developing products suited for the China market will also be considered. More details.... Stock Symbol: (NYSE: MDT) Share this with colleagues: // //