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Latest CARB-X annual report shows $127.5M, 23 awards doled out for solutions to drug-resistant bacteria

Latest CARB-X annual report shows $127.5M, 23 awards doled out for solutions to drug-resistant bacteria

HOMELAND PREPAREDNESS NEWS | In fiscal 2019-20, CARB-X awarded $127.5 million and 23 awards to developers pursuing novel ways to fight antibiotic resistant bacteria, according to its fourth annual report. This marks the largest funding effort so far conducted by CARB-X, which coincided with several other successful milestones. For one, the year brought CARB-X’s first project to gain regulatory approval, thanks to a T2 Biosystems rapid diagnostic. CARB-X also added its first CRISPR/phage project to its portfolio — care of Eligo Bioscience — and had its first portfolio item achieve Orphan Drug Designation from the U.S. Food and Drug Administration (FDA), in the form of a drug created by Peptilogics.

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