Jack Ma-backed fund, Temasek invest in China's genomics startup

Jack Ma-backed fund, Temasek invest in China's genomics  startup

Alibaba Executive Chairman Jack Ma REUTERS/Aly Song

A fund backed by Chinese billionaire Jack Ma and Singapore’s state-owned investment firm Temasek Holdings Pte made new investments in contract genomics organization WuXi NextCODE, which is expanding in China as the country pushes into the emerging field of precision medicine.

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