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International consortium funds Irish antibiotic research

Irish firm Iterum Therapeutics, a clinical-stage drug developer, has joined an international consortium formed to speed up research into the discovery of new antimicrobials.

Iterum will receive €1.3 million from a total fund of €15.4m being deployed in support of seven companies in six countries by CARB-X (Combating Antibiotic Resistant Bacteria Biopharmaceutical Accelerator), the Wellcome Trust announced on 25 July.

The consortium was launched a year ago with the specific goal of coming up with new classes of antimicrobial drugs that can be used to stem the emergence of superbugs.

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