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  • 'Overinvested' China healthcare sector set for shake up -top venture fund

    Chinese healthcare and biotech firms are ripe for consolidation due to a sharp decline in valuations after the COVID-19 pandemic spurred over-investments in the sector, a leading local venture capitalist said. The global healthcare sector has experienced an investment boom by venture funds and private equity players over the last few years, lifted by growth prospects during the pandemic.

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