Breaking News, Collaborations & Alliances

Melinta Therapeutics, CARB-X Enter Partnership

Melinta to be awarded up to $6.2M to support the development of the company’s investigational pyrrolocytosine compounds

Melinta Therapeutics has entered into a partnership with CARB-X, under which Melinta will be awarded up to $6.2 million to support the development of the company’s investigational pyrrolocytosine compounds. Under the terms of the partnership, Melinta will receive an initial award of up to $2.3 million from CARB-X, with the possibility of $3.9 million in additional awards based on the achievement of certain project milestones.   Melinta’s novel pyrrolocytosine compounds are a novel c...

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