Novexel
Novexel was acquired by AstraZeneca in 2010 for more than $500 million. Novexel was an emerging specialty pharmaceutical company focused on the discovery and development of novel antibiotics designed to overcome the significant global problem of microbial resistance. The ever-increasing resistance to marketed antibiotics has led to a clear need for novel anti-infective agents that are active against multi-drug resistant bacteria.
Sector
Biopharmaceuticals
Strategies
Capital
Status
Exit
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