US-based healthcare investor Domain Associates has promoted Nimesh Shah to partner after seven years with the venture capital firm.
Shah, a co-founder and board member of Zyga Technology, was previously part of the investment team at Cutlass Capital and a member of the research team at Alex Brown & Sons, now part of Deutsche Bank.
Domain partner Brian Dovey said, “Nimesh has been instrumental at Domain in driving opportunities in the rapidly evolving medical device space.
“He brings a depth of knowledge to and works closely with our entrepreneurs and management teams to build the next generation of great device companies.”
The Domain Elite partnership will set up new companies and joint ventures to provide Western businesses with financing, regulatory and marketing support to bring their products to China.
The companies will be focused on pharmaceuticals, diagnostics, and medical devices.
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