Investor becomes major player on med tech scene

Story excerpt provided by Crain’s Cleveland Business.

Written by Chuck Soder.

Medical entrepreneurs, memorize this name: Haofu “Donald” Tang.

His investment firm has quietly become one of the most prominent dealmakers in Northeast Ohio’s medical technology community.

And he’s just getting started. His company — Shanghai Creation Investment Management Co., or SCI for short — just raised a $40 million fund. Tang says that most of that money will probably go to companies in this region.

After all, the company has never done a U.S. deal outside of this area.

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Originally published November 15, 2015.