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Yigal Erlich – Yozma model that initiated the VC industry in Israel is Implemented Korea

July 24, 2018Simoni KeetMembers NewsNo Comments

Korea’s Mirae SCI said that it has secured financing from the Yozma Group to create a “biotechnology-focused joint venture with the Israel-based venture capital firm.” The Yozma group Korea invested $4.65 million in the form of convertible bonds, selling them for bonds worth over $7.2 million.
Yigal Erlich, AlmaLinks member and Yozma Group Chairman says that, “Yozma Bio Holdings will play a central role for our future investments in Korean biotechs.”

http://www.theinvestor.co.kr/view.php?ud=20180612000616

Simoni Keet
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