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.
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