TEXT: MERVI LEINONEN
Finnish health technology to be used in thousands of Chinese hospitals A Chinese investment company, Highlight Health Investment Limited, invests 4.5 million euros in the Finnish health technology company NewIcon. Chinese investments in Finnish technology have increased significantly in the last few years, and the total Chinese investments in EU member states have multiplied tenfold.
Highlight Health Investment Limited is an investment fund controlled by Highlight Capital, an investment company specialising in health technology. The connection to Finland was formed when a health technology company funded by Highlight, Shanghai General Healthy Information Technology Co. Ltd. (SGHT), offered to collaborate with NewIcon. Like NewIcon, the Chinese company was growing rapidly and was looking for a reliable partner with growing potential to ensure its position as a market leader in China. The Chinese company was impressed by the Finnish company’s knowledge of software and robots, as well as their innovative medical service automation devices. “They say NewIcon is like a gem hidden here in the north. For an SME like us, they’re the best possible partner with whom we can start seeking business with the thousands of hospitals in China,” Ossi Parviainen, the CEO of NewIcon, says.
JOINT VENTURE AND FRAMEWORK AGREEMENT In addition to the investment by Highlight Capital, the negotiations with SGHT have resulted in starting a joint
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