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Basilea Receives BARDA Contract to Develop Ceftibuten-ledaborbactam with Up to $159 Million in Funding

Sep 25, 20259 months ago

Contract Type

contract

Basel LandschaftBiotechnologyBiopharmaresearch

Description

Basilea Pharmaceutica has been awarded a contract from the Biomedical Advanced Research and Development Authority (BARDA) to develop the novel antibiotic ceftibuten-ledaborbactam. The contract includes non-dilutive funding of up to $159 million, enabling the company to advance its clinical studies for the treatment of complicated urinary tract infections.

Company Information

Company

Basilea Pharmaceutica Ltd

Location

175 Hegenheimermattweg

Basel Landschaft, Switzerland

About

Basilea Pharmaceutica Ltd is a commercial-stage biopharmaceutical company dedicated to meeting the needs of patients with severe bacterial and fungal infections.

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