Joincare Pharma Invests $30 Million in China Mobile Medical App

Joincare Pharmaceutical of Shenzhen will invest $30 million in Apricot Forest, a mobile medical application that provides services to medical doctors and makes doctors appointments for patients. With the investment, Joincare will have a 15% stake in Apricot Forest. The investment is part of Apricot Forest's D round and values the company at $200 million. According to media reports, Joincare will cooperate with Apricot Forest on healthcare products and services, as well as back-end platforms. More details.... Stock Symbol: (SHA: 600328) Share this with colleagues: // //