Precision Medicine For Pseudomonas Spurs Polyphor's Swiss IPO Plans

The Swiss developer of a Phase III potential first-in-class antibiotic for Pseudomonas infections plans to list on the Swiss Stock Exchange, SIX, underlining the unmet need for better drugs for nosocomial pneumonia, and also the upturn in the bourse's popularity for European IPOs.  

Allschwil
Allschwil is just outside Basel, Switzerland's pharma hub • Source: Shutterstock

The Swiss antibiotics-to-immuno-oncology drug discovery company, Polyphor Ltd., is planning an IPO and listing on the SIX Stock Exchange in Switzerland, an increasingly popular destination in Europe for biotech companies considering a flotation.

Polyphor is aiming to raise around CHF100m to CHF150m ($105m to $157m) to support the development of its Phase III...

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