Medbanks Closes $59 Million D Round for China Oncology Database

Medbanks Network Technology, a Beijing oncology database company, completed a $59 million Series D funding, led by CLP Fund and CDH Investments. Medbanks is building a China-specific tumor data platform that it considers state-of-the-art. It is aimed at serving clinicians, scientists and pharmas. Established in 2014, the company uses “sky eye hardware” to collect data from multiple China cancer centers, which follow a patient through the whole course of cancer treatment, from diagnosis to follow-up.

Source: China Biotoday

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