Venture capital firms Forbion Capital Partners, which spun out from Dutch bank ABN Amro at the end of 2006, and Edmond de Rothschild Investment Partners have co-led a series A financing round in newly-launched Allecra Therapeutics.

The €15m ($20m) commitment will support early clinical development of two new antibiotic treatments designed to combat multi drug-resistant gram-negative bacteria. The investment is the first for Edmond de Rothschild Investment Partners’ BioDiscovery 4, its fourth fund dedicated to life sciences.

Formed earlier this…

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