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Jun24
Rib-X Pharmaceuticals Secures $50 Million in Series C Financing

Rib-X Pharmaceuticals, Inc. has raised $50 million in Series C financing round, bringing the total amount raised by the company since 2001 to $123 million.

Rib-X is a biopharma company focusing on small molecule drug discovery and development, particularly on the development of new classes of antibiotics targting the 50s ribosome.

In addition to Warburg Pincus, investors participating include:

See further details from Rib-X's press release.

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« Oxytocin in Married Couples, Testosterone in Sports Team: Explains the Brain’s Response to Stress (World Cup Relevant) | Main | Increased Counterfeiting of Anti-Malarial Drugs Called for Vigilance and Better Detection »

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