Category Archives: Biotech

Forge Therapeutics Wins Powered by CARB-X Research Award of $8.8M

Forge TherapeuticsSan Diego-based Forge Therapeutics, Inc., a biotechnology company discovering first-in-class antibiotics using a breakthrough drug discovery platform, recently announced a significant collaboration with CARB-X, (Combating Antibiotic Resistant Bacteria Accelerator), the world’s largest public-private partnership focused on funding the advancement of Gram-negative antibiotics. CARB-X selected Forge from a group of 168 international companies and research groups to be one of the first recipients of this novel cost-sharing award. Forge will receive an initial award of $4.8M over 15 months and potentially up to $4M from CARB-X after that period upon achievement of certain milestones.  Continue Reading