Brief: Cathay Financial Launches Taiwan's First Biotech Private Equity Investment Trust Fund
07/02/2025 03:59
Feb 7 (Reuters) - Cathay Financial Holding Co 2882.TW :
* SAYS HAS PARTNERED WITH VIVO CAPITAL TO LAUNCH TAIWAN'S
FIRST
BIOTECH PRIVATE EQUITY INVESTMENT TRUST FUND
* SAYS THE FUND HAS BEEN GRANTED APPROVAL BY TAIWAN'S TOP
FINANCIAL REGULATOR
* SAYS SEES BIOTECH INDUSTRY HITTING T$1 TRILLION ($30.5
BLN) AS
TAIWAN HAS INVESTED T$10 BILLION IN RESEARCH AND DEVELOPMENT
Source text: ID:
Further company coverage: 2882.TW
(Reporting by Faith Hung)
((faith.hung@thomsonreuters.com;))
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