At that time, it was set to raise as much as $211 million from issuing $10.8 million shares at a price of $17.50 to $19.50. In June this year, LinkDoc officially submitted its prospectus to the US Securities and Exchange Commission (SEC) and planned to list on the Nasdaq. The service will work by connecting APPs such as the Ali Health platform with the LinkDoc Internet Hospital and Cancer Patient Service Center. The two sides announced that they will build a patient-centered and innovation-driven service platform, which provides whole-cycle support for cancer patients. In March this year, Alibaba Health made a strategic investment in the company. Since 2015, the company has completed five rounds of financing with investors such as Alibaba Health, Youshan Capital, CBC Capital, Ally Bridge Group and others. They added that the specific plan and details of the Pre-IPO and the Hong Kong IPO could still change.įounded in 2014, LinkDoc specializes in providing big data and artificial intelligence solutions for all parties in the pharmaceutical and medical industries. According to Bloomberg, LinkDoc Technology Limited, a medical data platform company backed by Alibaba Group, plans to lead a $200 to $300 million financing round before its upcoming IPO in Hong Kong.Ī person familiar with the matter said such a plan is still under discussion and no decision has been made yet.
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