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GSK Invests in BioVersys to Speed Development of Potential Tuberculosis Treatment
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GSK Invests in BioVersys to Speed Development of Potential Tuberculosis Treatment
May 7, 2024 3:08 AM

05:51 AM EDT, 05/07/2024 (MT Newswires) -- GSK (GSK) and BioVersys have expanded their collaboration to speed up development of alpibectir, a potential tuberculosis treatment, BioVersys said Tuesday.

As part of the deal, GSK will take a 12.3 million Swiss franc ($13.5 million) stake in BioVersys in the latter's latest investment round. GSK and BioVersys will collaborate beyond an ongoing phase 2a study of alpibectir among patients in South Africa.

BioVersys is a clinical-stage biopharmaceutical company focusing on antibacterial treatments for drug-resistant bacteria.

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