Singapore, Sept. 11 -- Novo Holdings, a leading global healthcare and life sciences investor, has announced a strategic minority investment in Huizhou ForYou Medical Devices, a China-based contract development and manufacturing organisation (CDMO) specialising in advanced wound care products. GL Capital, one of China's leading healthcare-focused private equity firms, will remain the company's majority shareholder.

The investment reflects Novo Holdings' conviction in the long-term growth of advanced wound care, increasing global demand for specialised healthcare manufacturing, and China's important role in delivering high-quality medical technologies to healthcare companies around the world.

Headquartered in Huizhou, Guangdong Province, ...