Korea's AmorePacific leads pharma firm's Series B round
AmorePacific Ventures, the VC arm of Korea's largest cosmetics group, has led a $7 million Series B round of investment in Miami-based Brickell Biotech, a pharma firm specializing in skin conditions. Further details of the deal were not disclosed.
Also participating in this round is existing investor Palisade Capital Management. The proceeds will be used to support the development of novel compounds in Brickell's pipeline. Under terms of the agreement,...
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