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WuXi AppTec approves $3m commitment

The Shanghai-based medical technology company has backed a North America focused fund.

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Institution: WuXi AppTec
Headquarters: Shanghai, China
AUM: $2.53bn

WuXi AppTec has announced a commitment of $3 million to Longwood Fund V, which has a fundraising target of $80 million.

As illustrated in the charts below, it is the first private equity fund the firm committed to in 2019. The fund will focus on healthcare sectors in North America.

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