German pharmaceutical firm Boehringer Ingelheim is investing EUR 30m to combat drug-resistant bacteria. Forming an alliance with Evotec and Biomérieux, the firms have established Aurobac Therapeutics, a biotech firm with a precision medicine approach to infection treatment, as reported by Fierce Biotech.
It’s been estimated that antibiotic-resistant bacteria cost the lives of 1.27 million people each year, and studies have projected that by 2050, AMR will be the cause of 10 million deaths annually, costing the global economy USD 100bn a year.
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