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Venture Capital

X-biotix Therapeutics, Inc. Secures $7m In Series A Financing

by posted 9months ago 61 views
X-Biotix Therapeutics, Inc. Secures $7 million in Series A FinancingAnnounces Key Additions to Board of Directors and Senior Management WALTHAM, Mass., April 24, 2018-- X-Biotix Therapeutics, Inc. (X-Biotix), a biotechnology company focused on the discovery and development of novel small molecule antibiotic scaffolds targeting multi-drug-resistant (MDR) Gram-negative pathogens, announced that the company has secured $7 million in a Series A financing from a group of private investors. Proceeds of the financing will enable X-Biotix to advance its pipeline of novel antibiotic candidates targeting a wide range of biological targets in essential pathways of Gram-negative bacterial cells.