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Arix Bioscience Plc portfolio company Iterum Therapeutics updates on its antibiotic drug

Arix Bioscience Plc (LON:ARIX) portoflio company Iterum Therapeutics Plc (NASDAQ:ITRM) CEO Corey Fishman tells Proactive's Christine Corrado the Dublin, Ireland based clinical stage biopharma company is in Phase 3 with its antibiotic drug Sulopenem.

Fishman says the company is developing the drug to treat multi-drug resistant infections, and stands out from its peers because Sulopenem is both an oral and IV drug, and he says there has not been a new oral product in this area in two decades.

Fishman says trials are expected to finish in the second half 2019.

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Price: 119 GBX

Market: LSE
Market Cap: £161.31 m

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Arix Bioscience acquires stake in novel firm developing sickle cell treatment

Arix Bioscience PLC (LON:ARIX) investment associate John Cassidy talks Proactive London through its decision to invest US$15mln (£11.3mln) in Imara - a firm which is developing treatments for sickle cell disease. Through the deal Arix receives a 10% stake in the company while also...

on 19/3/19

2 min read