Blueberry Therapeutics will use the proceeds from the $12.8m China Medical System-backed round to advance its skin and nail infection treatments.

UK-based nanomedicine developer Blueberry Therapeutics has closed a £10m ($12.8m) series B round that included China Medical Venture Investment (HK), an investment vehicle for pharmaceutical company China Medical System Holdings (CMS). The round also featured A&B Holdings, an investment and development vehicle led by CMS chairman Lam Kong. Blueberry is working on nanotechnology-formulated drugs to…

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