Nabriva raises $120m to take 'new class of antibiotic' into Phase III

Nabriva Therapeutics, which is developing a new class antibiotics called pleuromutilins, has raised $120m in a series B financing involving a group of transatlantic investors. CEO Colin Broom told Scrip there was no key piece of data that secured the cash, but rather the "a package combining data from 450 treated patients" including a 200-patient Phase II efficacy trial.