ChinaBio(R) LLC Release: HAO Capital and TCL Group to Set Up Medical Imaging JV
by Richard Daverman, PhD
July 11, 2012 -- HAO Capital, a Beijing-headquartered private equity firm, is teaming up with TCL Group, a consumer electronics company that has a medical device subsidiary, to form a JV called TCL Healthcare. The JV will target the high-end diagnostic imaging market in China. The capitalization of the JV was not disclosed. More details....