Suzhou Nanomed Secures VC Funding from Softbank

Suzhou Natong BioNanotechnology Ltd. (Nanomed) announced it has signed a funding agreement with Softbank’s SB China Venture Capital (SBCVC). Nanomed had previously won the “Most Promising Company” Award in the Medical Device field at the BioBay Investor Forum co-organized by ChinaBio® LLC and the Suzhou BioBay life science park in August 2009. Financial details of the funding were not disclosed. More details...