# Bionik Laboratories partners with Ginger Capital for China joint venture

Bionik Laboratories Corp. partnered with Ginger Capital Investment Holding Ltd. to form a joint venture to bring Bionik's robotic rehabilitation products to the Chinese market. Ginger Capital invested $500,000 in Bionik and $1,450,000 in the JV.

- Type: Partnership
- Announced: 2017-05-24
- Where: China
- Value: $1.95M
- Status: announced
- Products: InMotion ARM, InMotion HAND, InMotion WRIST
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Bionik Laboratories Corp.](https://endata.com/companies/17185.md) (partner)
- [Ginger Capital Investment Holding Ltd.](https://endata.com/companies/17186.md) (investor)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/chinese-fund-invests-in-bionik-laboratories-and-establishes-joint-venture-300462992.html), 2017-05-24: "I am excited that this joint venture provides Bionik's products with access to the largest growth market in the world."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
