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ABAC Chief Calls For Better Antibiotic R&D Incentives In Europe

 
• By Kevin Grogan

Fresh from raising €16m in a Series A round, Albert Palomer, CEO of Spain's ABAC Therapeutics, has outlined to Scrip the company's pathogen-specific approach to antibiotic research and his fears that biotechs in Europe are being held back by flaws in the continent's 'push' incentives schemes.

Carrot
Are incentives for antibiotic R&D working? • Source: Shutterstock

European biotechs in the antimicrobial resistance space are being hurt by the funding hurdles in schemes such as the Horizon 2020 research and innovation program, and are turning to the US for financial support.

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