2 years ago
Glox Therapeutics Secures £4.3M Seed Funding for Precision Antibiotic Therapies
Glox Therapeutics, a Glasgow-based developer of precision antibiotic therapies, has raised £4.3M in seed funding led by Boehringer Ingelheim Venture Fund and Scottish Enterprise
The company intends to use the funds to develop effective targeted therapeutics against antibiotic-resistant Gram-negative bacteria, establish laboratories in Oxford and Glasgow, and expand its team
Glox Therapeutics is developing precision antibiotics utilizing engineered protein bacteriocins, which exhibit remarkable potency and specificity, enabling them to effectively and selectively target Gram-negative pathogens.
ProblemHealthcare
"Antibiotic resistance is a growing global health threat, with Gram-negative bacteria posing a significant challenge. Traditional antibiotics are losing their effectiveness, leading to limited treatment options and increased mortality rates."
Solution
"Glox Therapeutics is developing a new class of precision antibiotics based on engineered protein bacteriocins. These bacteriocins exhibit remarkable potency and specificity, enabling them to target specific Gram-negative pathogens, like Pseudomonas aeruginosa and Klebsiella pneumoniae, that have developed antibiotic resistance."