“With the global spread of antimicrobial resistance (AMR) and the fact that no new class of antibiotic has been discovered in over 30 years, patients with drug-resistant lung infections are particularly vulnerable,” said Dr Neil Miller, CEO of Auspherix.
The Company is already progressing its lead programme, focused on the treatment of complicated urinary tract infection, through pre-clinical studies.
Auspherix’s organogold compounds are a novel class of antibiotic and differentiated from current antibiotics by both their chemical structure and distinct antibacterial profile. They have been shown to have rapid bactericidal (killing rather than growth inhibition) effects against Gram-negative bacteria and preliminary data show a low propensity for the emergence of resistance. Importantly, they possess activity against key multi-drug resistant (MDR) clinical isolates relevant to HABP.
“Innovate UK provides an essential source of funding for the UK’s life sciences industry. The funding is highly competitive. Our successful grant is an endorsement of the potential utility of our new class of organogold antibacterials to treat antibiotic resistant life-threatening respiratory infections and the need to expand the repertoire of antibiotic treatment options,” added Dr Miller.
The Investment Accelerator Pilot grant has provided £150,000 to explore the potential utility of Auspherix’s proprietary organogold compounds in pre-clinical models of bacterial respiratory infections over six months, which began in January 2018. The project is part funded by Touchstone Innovations, a part of IP Group plc.