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ArrePath announces closing of their next financing round and appointment of new Board Chair
ArrePath announced several business updates. First, the company has raised the next round of financing to advance its pipeline and continue to expand the scope and capabilities of its discovery platform. The Boehringer Ingelheim Venture Fund led the financing, which also included existing investors Insight Partners, Innospark, and Nor’easter Ventures, and new investor AB Magnitude.
CARB-X funds ArrePath to advance novel antibiotic to treat multidrug-resistant infections
Combating Antibiotic-Resistant Bacteria Biopharmaceutical Accelerator (CARB-X) will award biotechnology company ArrePath US$3.7 million to execute a Lead Optimization workplan for its first-in-class antibiotic targeting a clinically novel target for the treatment of complicated urinary tract infections caused by multidrug-resistant (MDR) Enterobacterales.
ArrePath will be presenting at the BioNJ BioPartnering event on May 14th at Liberty Science Center in Jersey City, NJ!
Join us in the Delta Lab at 10:50 AM – 12:10 PM.
The BioNJ BioPartnering Conference is co-sponsored by J.P. Morgan, J&J Innovation, and Morgan Lewis, and hosted by the Jersey City Economic Development Corporation.