MGB Biopharma’s focus is to further develop their completely new class of anti-infective medicine, starting with antibiotics based on Minor Groove Binder (MGBs) compounds.
The Company’s experienced management team have dedicated their initial focus to the development of a new class of small molecules, with specific antibacterial activity against susceptible and resistant bacteria. In providing a new class of drug to the field of antibacterial resistance, based on a truly novel mechanism of action, MGB Biopharma are unique, in that a truly new class and novel MoA was last seen in the year 2000.
There are many drugs used to treat bacterial infections, and generally they belong to classes which have been in use for several decades. Due to the rise in resistant strains of bacteria, several of these drugs are becoming less and less effective.
The Company’s progress has been rapid, and our lead drug candidate, MGB-BP-3, is currently in Phase I clinical safety studies, which will reach completion at the end of 2015. MGB-BP-3 is just the first in our new exciting class of anti-infectives.
MGB Biopharma commenced operations in 2010, and is funded by a syndicate of some of Scotland’s leading business angels, in co-operation with Scottish Enterprise.
The Company’s experienced management team have dedicated their initial focus to the development of a new class of small molecules, with specific antibacterial activity against susceptible and resistant bacteria. In providing a new class of drug to the field of antibacterial resistance, based on a truly novel mechanism of action, MGB Biopharma are unique, in that a truly new class and novel MoA was last seen in the year 2000.
There are many drugs used to treat bacterial infections, and generally they belong to classes which have been in use for several decades. Due to the rise in resistant strains of bacteria, several of these drugs are becoming less and less effective.
The Company’s progress has been rapid, and our lead drug candidate, MGB-BP-3, is currently in Phase I clinical safety studies, which will reach completion at the end of 2015. MGB-BP-3 is just the first in our new exciting class of anti-infectives.
MGB Biopharma commenced operations in 2010, and is funded by a syndicate of some of Scotland’s leading business angels, in co-operation with Scottish Enterprise.
Location: United Kingdom, Scotland, Glasgow
Employees: 11-50
Total raised: $8.84M
Founded date: 2010
Investors 2
| Date | Name | Website |
| 17.07.2021 | Archangels | archangels... |
| - | TRI Capita... | tricapital... |
Funding Rounds 3
| Date | Series | Amount | Investors |
| 17.05.2017 | - | $1.15M | - |
| 24.04.2017 | - | $1.18M | Archangels |
| 19.09.2014 | - | $6.52M | - |
Mentions in press and media 4
| Date | Title | Description |
| 30.08.2019 | MGB Biopharma Completes Funding Round | MGB Biopharma, a Glasgow, Scotland-based biopharmaceutical company developing a novel class of anti-infectives to address antibiotic resistance, completed its latest funding round of undisclosed amount. The round was led by Archangel Invest... |
| 06.04.2017 | MGB Biopharma Raises $1M in Financing | MGB Biopharma, a Glasgow, Scotland, UK-based biopharmaceutical company developing a novel class of anti-infectives to address the major global problem of antibiotic resistance, raised $1.15m in financing. The round was led by Archangel Inve... |
| 19.09.2014 | MGB Biopharma Secures £4.0M in funding | MGB Biopharma, a Glasgow, Scotland-based biopharmaceutical company developing anti-infectives, secured £4.0m ($6.4m) in funding. Funding of £2.7m was provided by a syndicate of investors, led by Archangels, with participation from existing ... |
| 17.09.2014 | MGB Biopharma Lands $6.4M | GLASGOW, SCOTLAND, Biopharmaceutical company developing a truly novel class of anti-infectives, announces today that it has secured POUND4.0m ($6.4m). >> Click here for more funding data on MGB Biopharma >> To export MGB Bio... |