Monday, November 4, 2013

Roche in $550 million deal for superbug-fighting antibiotic

File of the logo of the Swiss drugmaker Roche is seen on a factory in Burgdorf Swiss drugmaker Roche will pay up to 500 million Swiss francs ($548 million) for an experimental antibiotic, marking a rare foray by a major pharmaceutical firm into the battle against so-called "superbug" infections found in hospitals. The World Health Organisation has warned of the growing public health threat from drug-resistant superbugs. There are 25,000 deaths each year in the European Union alone due to antimicrobial resistance, Roche said on Monday. However, the problem is not yet widespread enough to attract major investment by most top pharmaceutical companies, with many of them in fact cutting back research into antibiotics.








via Health News Headlines - Yahoo! News http://news.yahoo.com/roche-550-million-deal-superbug-fighting-antibiotic-090214444--finance.html

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