Newspaper article Manchester Evening News

Grant Boost for Cheshire Based Redx

Newspaper article Manchester Evening News

Grant Boost for Cheshire Based Redx

Article excerpt

REDX Pharma, the drug development company, has been awarded an Pounds 800,000 grant to drive forward one of its antibacterial drugs.

The grant was received from CARB-X, one of the world's largest public-private partnerships, launched in July last year to accelerate global antibacterial innovation and research.

Eleven successful projects were selected through a competitive process from 168 applications from around the world.

The awarded grants were based on the merits of each of the company's research proposals, as evaluated by the CARB-X Advisory Board and the CARB-X team.

Redx was selected as a 'highly-respected partner of choice on a global stage'.

Redx will receive the funding over 18 months, with an option for future tiered milestone payments, to drive scientific progress against globally challenging drug resistant Gram-negative bacteria. …

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