Antibiotic maker Paratek, low on cash, agrees to a buyout

Antibiotic maker Paratek, low on cash, agrees to a buyout

Submitted by admin on June 6, 2023 - 4:17pm
Source: 
BioPharma Dive
News Tags: 
Paratek
antibiotics
M&A
Novo Nordisk Foundation
Headline: 
Antibiotic maker Paratek, low on cash, agrees to a buyout
snippet: 

The proposed deal reflects the financial challenges small biotechnology companies face developing and selling new antibiotics.

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