AstraZeneca PLC has, after a long gestation, given birth to the antibiotic developer Entasis Therapeutics. But because of apparent lack of interest from financial or strategic partners, the Big Pharma has yet to cut the cord: in early July the biotech debuted with $40 million in funding from AZ alone, and a portfolio of the drugmaker’s early-stage antibiotic candidates. [See Deal] For now, Entasis remains a wholly owned subsidiary of AstraZeneca. And it emerges as the debate about incentivizing antibiotics R&D intensifies amid growing concerns about antibiotic-resistant bacteria.
Read the full article – start your free trial today!
Join thousands of industry professionals who rely on Scrip for daily insights
- Start your 7-day free trial
- Explore trusted news, analysis, and insights
- Access comprehensive global coverage
- Enjoy instant access – no credit card required
Already a subscriber?