CARB-X funds Procarta Biosystems to develop oligonucleotide-based antibiotics to combat life-threatening Gram-negative pathogens

  18 September 2019

CARB-X is awarding Procarta Biosystems, a UK-based biotech company, up to US$2.2 million in non-dilutive funding with the possibility of $7.0 million more if certain project milestones are met, to develop a new class of antibiotics to treat Gram-negative ESKAPE pathogens. The new antibiotics are based on Procarta’s oligonucleotide antimicrobial platform. While still in preclinical development, if eventually approved for use in patients, Procarta’s PRO-202 antibiotics could be used to treat serious infections associated with complicated urinary tract infections (cUTI) and complicated intra-abdominal infections (cIAI).

Further reading: CARB-X
Author(s): Jennifer Robinson
Smart Innovations  
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