Destiny Pharma Floats on UK AIM And Completes China Deal

An agreement covering the development and commercialization of its products in China underlines the potential of now-publicly listed Destiny Pharma’s investigational antibacterial to evade the emergence of resistance.

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The Brighton, UK-based biotech, Destiny Pharma listed on the UK junior stock market AIM with an IPO worth £15.3m ($19.8m) in gross proceeds on Sept. 4, and announced on the same day a development and commercialization deal for its investigational products covering China, underlining the significant progress being made by the company.

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