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NOSOPHARM RECEIVES €1 MILLION LOAN FROM BPIFRANCE

 

Funding for preclinical research with the view to applying for clinical trial authorisation for first drug candidate in new class of antibiotics


 

Lyon, France, February 12, 2018 – Nosopharm, a company dedicated to the research and development of new anti-infective drugs, today announces that it has received €1 million ($1.2M) in funding from Bpifrance in the form of an interest-free loan. This loan will enable Nosopharm to undertake chemistry, manufacturing and controls (CMC) development and regulatory preclinical research for its main drug candidate, NOSO-502. The company plans to submit a clinical trial authorisation application in 2019 with a view to beginning the first clinical trials in humans in 2020.

 

NOSO-502, the first clinical candidate in the new class of antibiotics known as Odilhorhabdins, is the most advanced molecule in Nosopharm’s portfolio. It inhibits bacterial translation with a new action mechanism. NOSO-502 is intended primarily for the treatment of nosocomial infections caused by Enterobacteriaceae, including polymyxin- and carbapenem resistant Enterobacteriaceae (CRE). No novel class of antibiotics against those pathogens has been introduced into clinics since the 1980s.

 

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