O’Melveny Represents OrbusNeich Medical Group in its US$200 million Series A and A-2 Fundraising Rounds

August 30, 2021

 

FOR IMMEDIATE RELEASE

HONG KONG—AUGUST 30, 2021—O’Melveny recently represented OrbusNeich Medical Group Ltd., a leading medical device manufacturer headquartered in Hong Kong and specialising in the design, production and sales of innovative products for vascular intervention, in its over US$200 million Series A and A-2 Financing Rounds.

The participating investors include Shenzhen Capital Group (together with its healthcare investment fund, Red Earth Healthcare Investment Fund), CCB International, CICC Biomedical Fund L.P. of CICC Capital, China Merchants Securities Investment, Shenzhen Share Capital Healthcare Fund and other well-known family offices.

The proceeds raised will enable OrbusNeich to further invest in research and development activities and accelerate its growth in new and existing product areas, both in Greater China and overseas.

The O’Melveny team was led by Hong Kong corporate partner Edwin Kwok, and included senior legal consultant Aaron Xin, associate Qianru Hong, counsel Wendy Kan, and associate Hilda Leung.

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Contact:

Christopher Rieck
O’Melveny & Myers LLP
+1 212 326 2218
crieck@omm.com

Chris Schob
O’Melveny & Myers LLP
+86 21 2307 7000
cschob@omm.com