The funds will enable7 Atox
Bio to initiate a late stage clinical study of AB103, a novel therapy for the treatment of Necrotizing Soft Tissue Infections, commonly referred to as the flesh eating bacteria and other severe infections.
In parallel, Atox
Bio is conducting the ACCUTE Phase 3 study evaluating Reltecimod in patients with necrotizing soft tissue infections (NSTI).
In connection with the financing agreement, Jonathan Tobin, PhD, MBA, Investment Manager at Arix Bioscience, and Terry Gould, Partner & Head of Venture/Growth Investments at Adams Street Partners, will join Atox
Bio's board of directors.
Companies Mentioned in this Report: AstraZeneca PLC, Merck & Co., Inc., Rib-X Pharmaceuticals, Inc., Cubist Pharmaceuticals, Inc., MerLion Pharmaceuticals Pte Ltd, Atox
Bio Inc., Tetraphase Pharmaceuticals Inc.
The contract includes the supply of crushers, an ATOX
raw mill, a complete pyro line and SF Croos-Bar cooler as well as an UMS cement grinding mill and a packing plant.
He also sits on the board of directors of Aptinyx, Atox
Bio, Corvus Pharmaceuticals, Fusion Pharmaceuticals, LifeBond, Orbus Therapeutics and Outpost Medicine.
The new order includes two TUMS raw mills, a CF silo, a two-support kiln and an ATOX
Hoffmann-La Roche Ltd., Merz Pharmaceuticals GmbH, Kolding Sygehus, Ipsen S.A., Atox
Bio Inc., Arthrex, Inc.
FLSmidth & Co will supply an EV limestone/clay crusher, raw material stores, an ATOX
raw mill, a CF silo, a complete ILC 3-support kiln, a clinker storage, an OK 42 cement mill and cement silos.