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F2G Tops Up Funds For Launch Of New Class Of Antifungal

UK Firm To Go It Alone With US Commercialization

 
• By Kevin Grogan

Having banked a $100m upfront fee from licensing partner Shionogi a couple of months ago, F2G has now unveiled a $70m financing to advance its late-stage novel oral antifungal, olorofim.

Manchester
Manchester is home to F2G • Source: Shutterstock

 With another significant cash injection completed, F2G Ltd of the UK now has the funds in place to go it alone with the commercialization in the US of olorofim which, if approved, would be the first anti-fungal with a novel mechanism of action to hit the market in more than 20 years.

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