Bugworks raises $7.5M, will focus on pandemic preparedness

Date posted: Thursday 7 May 2020

Bugworks Research Inc, a global biopharma startup designing novel broad-spectrum antibiotics, has announced the completion of $7.5 million financing, led by University of Tokyo Edge Capital (UTEC) Japan and Global Brain Corporation (Global Brain) Japan, along with Acquipharma Holdings, South-Africa. This investment enables Bugworks to complete Phase 1 studies for its GYROX series intravenous drug candidate,  and advance an oral lead towards clinical development.

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