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-Merck Launches Seed Fund for China Startups

Oct 21, 2019 - ENP Newswire

Merck, a leading science and technology company, today announced an RMB 100 million (EUR 13 million) seed fund targeted at startups in China.

The company also officially opened its innovation hub in Shanghai and announced plans to officially open a second innovation hub in Guangzhou in November.

'Our RMB 100 million China seed fund underlines our commitment to invest in the Chinese market,' said Stefan Oschmann, CEO and Chairman of the Executive Board of Merck, at the opening ...