Antibiotics Developers Seek a Cure for Industry Ills

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المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Venture funding for new antibiotics is declining just when innovation is needed most

Not long ago, Achaogen Inc. was flying high. In early 2017, the drugmaker’s market capitalization soared above $1 billion on high hopes for its new medicine, an antibiotic targeting complicated urinary-tract infections.

But in April—less than a year after the drug was approved by the Food and Drug Administration—Achaogen filed for bankruptcy.

 

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Would you really wanna heavily invest in an industry that could be possibly nationalized if one or two election cycles happen to go a certain way?

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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