Apr. 25, 2014
Domain Elite, a US-China investment joint venture, announced on April 25, 2014 the collaboration's first investment in SMART Medical Systems , a Israel-based developer and manufacturer of innovative endoscopy and colonoscopy products. Domain Elite has invested $6.5 million, which is the first amount in a multi-phase investment plan in SMART, focusing on Greater China. Part of the investment is allocated directly to SMART Medical's subsidiary in Hong Kong, in order to advance SMART Medical's platform of gastrointestinal medical devices for cancer prevention and endoscopic surgery in Greater China, including Hong Kong and Taiwan.