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

Polyphor achieves ahead of schedule first milestone from Wellcome Trust for the development of novel antibiotics against Gram-negative multidrug - resistant pathogens

(PresseBox) (Allschwil, )
Polyphor Ltd. announced today that it has made significant progress in the discovery and early development of novel broad-spectrum, outer membrane protein targeting Gram-negative antibiotics (OMPTA). This has triggered, ahead of schedule, a first 0.6 mCHF milestone payment from the Wellcome Trust under a Seeding Drug Discovery Award of total up to 2.3 mCHF granted in February 2017. The company already received an upfront payment of 0.7 mCHF.

Lead candidates have shown excellent activity in vitro and in vivo against a wide panel of Gram-negative pathogens including multidrug-resistant strains. Activity was also shown against bacteria resistant to colistin, a drug
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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.