Centauri Therapeutics has raised over $32.6 million in Series A financing to support the development of novel antibacterial candidates for difficult-to-treat infections, the company announced Wednesday. Investors in the round include Boehringer Ingelheim Venture Fund, Evotec and Novo Holdings REPAIR Impact Fund.
The London-based biotech won CARB-X backing in 2020 for its ABX01 dual-acting immunotherapy to treat serious infections caused by Gram-negative pathogens (including drug-…
Bugworks Research has secured $18 million in Series B financing, the biopharma announced Wednesday. The funds will support the clinical development of BWC0977, the India-based company’s novel broad-spectrum antibiotic against multidrug-resistant Gram-negative bacteria, among other projects.
Currently in Phase 1, BWC0977 has had CARB-X backing since 2017.
Leyden Labs has raised $140 million in Series B financing, the intranasal therapeutic specialist announced Tuesday.
Leyden will use the funds to advance PanFlu, its preclinical monoclonal antibody influenza treatment candidate. Last week, the Netherlands-based company licensed PanFlu for mucosal administration from J&J’s Janssen, per a separate press release.
Former Vir executive Suha Jhaveri, who joined Leyden as chief commercial officer and head of business development in…
Ghana-based pharmaceutical supply chain startup mPharma has locked up $35 million in Series D funding, TechCrunch reported last week.
A portion of the funds will fuel the expansion of mPharma’s Mutti pharmacies in eight African markets, per the article, which said the pharmacies will offer a first point of care for patients, with services including medical consultations and diagnostics.
The new investments bring mPharma’s total haul across multiple financing rounds to $65…
The European Investment Bank (EIB) announced today that it will help the Coalition for Epidemic Preparedness Innovations and its members investigate potential EIB financing strategies and external funding options for “large-scale vaccine development projects.”
According to the press release, both entities will also explore ways to improve the “overall financing ecosystem” for investments in pandemic preparedness, including the development of a new financing mechanism to mobilize…