Venatorx Pharmaceuticals Raises $42 Million Series B: Versant, Abingworth, Foresite Back Industry-leading Antibiotics Developer
July 27, 2017
The funding will be used to support discovery and preclinical development of a new class of antibiotic that circumvents beta-lactam antibiotic resistance, but with the same safe and effective mechanism of action of beta-lactams.
July 25, 2017
Proceeds will be used to advance the Venatorx Pharmaceuticals' portfolio, including lead product candidate VNRX-5133 for multi-drug resistant (MDR) gram-negative infections.
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