Biotech IPO candidate

Investors bet on speciality pharmaceuticals in China

Speciality pharmaceutical company CF PharmTech is looking to raise at least $72 million in funding and has its sights set on an IPO in the near future.

Speciality pharmaceutical company CF PharmTech, which develops inhalation products for illnesses like asthma, is raising at least $72 million in pre-IPO funding, as investors see a profitable future in its treatments for chronic diseases.

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