Many biotech companies in Switzerland have novel antibiotic compounds in their pipelines. However, they – and the dwindling global community of antibiotics developers – are struggling to finance their innovative projects. This is due to a broken market, which despite an urgent need for novel antibiotics does not generate adequate revenue for them relative to their high development costs.
I am glad to see the Round Table on Antibiotics join the international search for incentive systems that will make the antibiotic market more attractive to investors again. Antibiotics are the core of modern medicine, and patients who are at risk of rapid disease progression or death urgently need novel antibiotics!
Gökhan Batur, former CEO of Polyphor AG, Venture Partner and Biotech Consultant