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The AMR Action Fund is the world’s largest venture capital initiative dedicated to combating antimicrobial resistance by investing over $1 billion in small and mid-size biotech companies developing urgently needed antibiotics and antifungals. Its goal is to bring two to four novel antimicrobials to market by 2030. The fund has already made several investments in clinical-stage programs targeting high-priority drug-resistant bacteria and fungi. One portfolio company recently received FDA approval for pivmecillinam for urinary tract infections.
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