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Soon To Start Antibiotic Trial In China, MicuRx Gets $25M For U.S. Testing

 
• By Paul Bonanos

Chinese-U.S. hybrid MicuRx, founded by Vicuron veterans, has strong preclinical and Phase I data for a novel antibiotic targeting Gram-positive infections. Its cross-border approach will soon support two mid-stage trials.

Chinese-American antibiotic developer MicuRx Pharmaceuticals Inc. has raised $25 million in Series B cash intended to fund Phase II trials for its lead candidate, an oral oxazolidinone compound for Gram-positive infections.

BVCF, a private equity and growth capital firm also known as BioVeda China, led the new round alongside existing investors Morningside Group and Devon Park Bioventures. It’s MicuRx’s first equity funding since its $12 million Series A round in 2007

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