Nabriva raises $120m to take 'new class of antibiotic' into Phase III

 
• By Sukaina Virji
  
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Nabriva Therapeutics, which is developing a new class antibiotics called pleuromutilins, has raised $120m in a series B financing involving a group of transatlantic investors. CEO Colin Broom told Scrip there was no key piece of data that secured the cash, but rather the "a package combining data from 450 treated patients" including a 200-patient Phase II efficacy trial.

Nabriva Therapeutics, which is developing a new class antibiotics called pleuromutilins, has raised $120m in a series B financing involving a group of transatlantic investors. CEO Colin Broom told Scrip there was no key piece of data that secured the cash, but rather the "a package combining data from 450 treated patients" including a 200-patient Phase II efficacy trial.

The financing was led by new US-based investors Vivo Capital and OrbiMed, and included EcoR1 Capital, Boxer Capital of Tavistock...

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