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TYK Medicines, Inc. Class H ( (HK:2410) ) just unveiled an announcement.
TYK Medicines, Inc. has announced its participation as a limited partner in a newly established fund, committing RMB18.0 million. The fund, formed in collaboration with Tengyuan Changxing and other partners, will focus on early and growth-stage biopharmaceutical projects. This strategic move is part of TYK Medicines’ efforts to strengthen its position in the biopharmaceutical sector by investing in companies within its industrial chain. The fund aims to engage in equity investment, venture capitalism, and asset management, with a total capital commitment of RMB200 million.
More about TYK Medicines, Inc. Class H
TYK Medicines, Inc. operates within the biopharmaceutical industry, focusing on pharmaceutical biotechnology, medical and health services, and medical device products. The company is involved in early-stage and growth-stage biopharmaceutical projects, engaging in venture capital, private equity, and mergers and acquisitions investments.
YTD Price Performance: -41.78%
Average Trading Volume: 1,373,800
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$10.25B
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