Report: Chinese Medical Giant Invests $25M In Ornim

October 28, 2015: The largest medical device company in China, Fosun Pharma, has invested $25 million in the Israeli life science company, Ornim, according to Calcalist. The Petah Tikva-based company previously raised $30 million in two rounds of fundraising from Orbimed. Founded in 2004 and run by CEO Israel Schreiber, Ornim has developed a more cost effective, non-invasive monitor of cerebral blood.