CF PharmTech raises $65M in series D

Drug delivery company CF PharmTech Inc. (Suzhou, China) raised $65 million on Aug. 27 in a series D round led by Future Industry Investment Fund. Additional undisclosed Chinese healthcare investment groups also participated.

CF PharmTech plans to use the funds to support regulatory submissions for undisclosed products in China and abroad, and to expand its contract development and manufacturing organization services to international clients...