BRIEF-Cachet Pharmaceutical Plans To Raise Up To 1.5 Bln Yuan In Share Private Placement

Dec 14 (Reuters) - Cachet Pharmaceutical Co Ltd:

* SAYS IT PLANS TO RAISE UP TO 1.5 BILLION YUAN ($217.51 million) IN SHARE PRIVATE PLACEMENT TO REPLENISH CAPITAL Source text in Chinese: https://bit.ly/2CbEkvl Further company coverage: ($1 = 6.8961 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)