August 19, 2011 -- Asymchem Laboratories (Tianjin) has raised 250 million RMB ($39 million) in a funding led by Tianyi Medical Private Equity Fund. Asymchem, headquartered in the Research Triangle, North Carolina, has five CMO facilities in China, of which the Tianjin site is one. The investment will be used to increase production capacity at the site. More details...