COPENHAGEN, OCTOBER 26, 2015 – AntibioTx has been rewarded grant funding from The Innovation Fund Denmark to further develop a candidate developed on the basis of extensive compound screening models. The candidate is being developed for microbiome-related disorders in atopic dermatitis and the grant funding will be used to conduct IND-enabling safety studies as well as clinical Phase 1 and Phase 2 studies in patients suffering from atopic dermatitis.
Rasmus Toft-Kehler, CEO of AntibioTx, commented; “The reward of this grant enables AntibioTx to take candidates identified through our screening efforts into the clinic. This denotes a key milestone for a biotech company and allows us to verify the pre-clinical profile of our candidate as a new treatment alternative for atopic dermatitis patients. We are grateful for the support and trust from the Innovation Fund Denmark and look forward to initiating the studies”.
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