A total of 23 biopharmaceutical producers have committed capital to the vehicle, which will provide funding for the creation of new antibiotics.
Switzerland-based investment fund Antimicrobial Resistance (AMR) Action Fund has launched with almost $1bn in capital from biopharmaceutical companies to invest in developers of new antibiotics. AMR Action Fund is intended to operate as a partnership between 23 biopharmaceutical companies with the aim of bringing two to four new antibiotics to market by 2030. It is…
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