MedWatch

Novo Holdings takes the lead in investment in new Asian company

Novo Holdings has taken part in a USD 125m investment in Hummingbird Bioscience, one of the first investments which the fund has made through its new Asian department.

Photo: Novo Holdings / PR

Novo Holdings has led a series C investment round at biotech company Hummingbird Bioscience which is headquartered in Singapore and the US.

Hummingbird is one of the first investments made by Novo Holdings in a privately-held company in Asia. Earlier this year, the holding company invested in the Indonesian company Halodoc which has garnered attention for its digital health platform.

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