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Nosopharm raises EUR 2,4 million to develop a new antibiotic

The young Nosopharm pharmaceutical company said Tuesday it has raised € 2,4 million to help it develop a new class of antibiotics.

This amount was paid by investment companies Auriga Partners Kreaxi and Alto Invest "joining the historic shareholders of the company," according to a statement.

The funds raised will enable Nosopharm accelerate the preclinical development of its first antibiotic molecule NOSO-95179, which targets Enterobacteriaceae, a specific priority pathogens by WHO.

The first clinical trials in humans should start running 2019, adds the company.

Founded in Nîmes (Gard), Nosopharm comes from a collaboration with the National Institute for Agricultural Research (INRA).

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The A3P Association is a major player in the pharmaceutical and biotechnology industry.
Created in 1986, it contributes to the good development of the production of medicines and clean and sterile equipment, it runs a network of professionals 21 000, manufacturers and suppliers, as part of International Congress and technical days.

It now has over 1700 members who share their technical experience, scientific and regulatory.

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