Image credit- bcw.co.uk
LinkDoc Technology, a Beijing big data company focusing on cancer, completed a $151 million D financing that was led by China Investment Corporation, a China sovereign wealth fund.
The company collects and standardizes healthcare data, covering more than 3,000 diseases, from hospitals and provides customized data for healthcare regulators, researchers, insurers and pharmaceutical companies. It has partnered with about 500 first-tier hospitals in more than 30 provinces and regions in China.
Following in the footsteps of retail and education, healthcare firms in China have been on the VC radar and have attracted considerable funding in the recent months.
