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Polyphor Ltd. Hegenheimermattweg 125 4123 Allschwil, Switzerland http://www.polyphor.com/
Contact Ms Cathrine Hof +41 61 567 16 00
Company logo of Polyphor Ltd.
Polyphor Ltd.

Polyphor announces closing of CHF 40 million private financing round

(PresseBox) (Allschwil, Switzerland, )
Polyphor Ltd., a clinical stage, privately held Swiss specialty pharma company focused on the development of macrocycle drugs addressing antibiotic resistance and respiratory diseases, today announced that it completed a CHF 40 million private placement. Exisiting Polyphor investors contributed to 98% of the financing.

The proceeds will be used to finance the Pharma business unit, and particularly the pivotal registration program of the antibiotic Murepavadin (POL7080) against Pseudomonas aeruginosa, including its most resistant strains, and the proof of concept program for the elastase inhibitor POL6014. Further, the proceeds will also be used to finance the completion of the preclinical development
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.