
China's CMAB Biopharma gets $34m Series B
CD Capital, a Chinese healthcare-focused VC also known as CDBI Partners, has led a $34 million Series B round for CMAB Biopharma, a manufacturing services provider for biologic product developers.
Additional participants included C-Bridge Capital, Cormorant Asset Management, Qianhai Fund of Funds, and Hangzhou Tigermed Consulting. The capital will be applied to upgrading manufacturing facilities...
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