The new healthcare firm will operate across the North American, APAC and European markets, which make up around 90% of the global R&D spend.

European healthcare investor GHO Capital and asset management firm CBC Group are set to join forces, with the new entity to manage over $21 billion.

The new healthcare firm will operate across the North American, APAC and European markets, which make up around 90% of the global R&D spend.

London-based Global Healthcare Opportunities and Singapore-based CBC Group announced plans to merge, creating what they called the largest healthcare-focused investment manager,…