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Phico Therapeutics raises £7m to advance next-gen antibiotic candidate


Phico Therapeutics raises £7m to advance next-gen antibiotic candidate
11th May 2021
Cambridge, UK-based biotech company Phico Therapeutics has announced new investments of £7m, led by the UK’s most active growth capital investor BGF.
The new investments closely follow the recent announcement that Phico has been awarded a grant of up to $18.2m (£13.2m) to support the development of its lead product SASPject PT3.9 from Combating Antibiotic Resistant Bacteria Biopharmaceutical Accelerator (CARB-X).
Phico added that the newly raised £7m will be used to support the continued development of its SASPject technology platform, with particular attention on the progression of PT3.9 into the clinic. ....

United Kingdom , Heather Fairhead , United Kingdom Based , Phico Therapeutics , Tim Rea , ஒன்றுபட்டது கிஂக்டம் , ஒன்றுபட்டது கிஂக்டம் அடிப்படையிலானது , நேரம் ரே ,