Telum raises 18 million euros for hospital pneumonia program
Telum Therapeutics has raised 18 million euros ($21 million) in a series A financing to advance its lead antimicrobial program for hospital-acquired bacterial pneumonia and ventilator-associated bacterial pneumonia caused by Acinetobacter baumannii, a drug-resistant hospital pathogen with limited treatment options.
The Pamplona, Spain-based biotech said the round was led by AMR Action Fund, with participation from new investor Inveready and continued support from Invivo Partners, CDTI through SICC Innvierte, Clave Capital and Sodena.
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