Ë®ÏÉÖ±²¥ announced today success in securing funds, totalling over £8m, from the Combating Antibiotic-Resistant Bacteria Biopharmaceutical Accelerator (), the UK Department of Health and Social Care Small Business Research Initiative () and equity investment led by .
These funds will be used to advance our dual-target aminoacy-tRNA synthetase inhibitor (DaaRSi) project, which is developing new antibiotics effective against drug-resistant ‘Superbugs’ and to continue development of our proprietry machine learning platform to tackle other valuable pharmaceutical targets.
, the world’s largest public-private partnership focused on funding the advancement of Gram-negative antibiotics, has agreed to back the DaaRSi project with a milestone dependent, non-dilutive, award for over £5m. This will be further accelerated by an award of £2M from the DHSC  funding stream and equity investment led by , which launched Britain’s first therapeutics and AI fund earlier this year.