Coalition of drugmakers to unveil $1B venture to pursue antibiotics

Numerous of the pharmaceutical industrys leading drugmakers are forming a $1 billion antibiotic innovation endeavor to address patients increasing resistance to existing treatments, according to STAT.

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The endeavor constructs upon the work being done by CARB-X, a public-private partnership formed in 2016 to money antibiotic development as patients requirement for innovative treatments continues to grow..

Katie Adams –
Monday, June 29th, 2020
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The effort aims to purchase or obtain little antibiotic business establishing new drugs and treatments. Slated for a formal announcement July 9, the coalition will include drugmakers such as Eli Lilly, Pfizer, Merck, Boehringer Ingelheim and Bayer.

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