China Digest: Angel Pharmaceuticals closes $41m, bebebus raises $14.7m

China Digest: Angel Pharmaceuticals closes $41m, bebebus raises $14.7m

bebebus' baby chair product

Biopharma firm Angel Pharmaceuticals has secured a $41-million cash investment from a Chinese investor group, while baby products brand bebebus has raised a total of nearly 100 million yuan ($14.7 million) across two tranches.