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Temasek and Jack Ma fund lead $75m round for Chinese genomic company

Singapore state investor and Alibaba founder back big data for medical R&D

Singapore state investor Temasek is betting on the use of big data and smart technology in the medical sector.

SINGAPORE -- Singaporean state investor Temasek Holdings and private equity firm Yunfeng Capital, backed by Chinese e-commerce group Alibaba's founder Jack Ma, have led a $75 million funding round for WuXi NextCODE, a Chinese genomics data company.

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