OTC : BPMUF

Basilea Pharmaceutica AG — News

$60.275 USD

$0 (0.0%)

Volume
0
Average Volume
13
Market Capitalization
$746M
P/E Ratio
19.77
Dividend Yield
0.00%
Price Target
Year High
$74.00
Year Low
$47.50
Day High
Day Low
Payout Ratio
$0.00
Current Ratio
$5.11
Source Headline
Basilea receives further USD 13 million from BARDA to continue development of novel antibiotic ceftibuten-ledaborbactam

Ad hoc announcement pursuant to Art. 53 LR Allschwil, Switzerland, May 28, 2026 Basilea Pharmaceutica Ltd, Allschwil (SIX: BSLN), a commercial-stage biopharmaceutical company committed to meeting the needs of patients with severe bacterial and fungal infections, announced today that the Biomedical Advanced Research and Development Authority (BARDA), part of the Administration for Strategic Preparedness and Response (ASPR) within the U.S. Department of Health and Human Services, awarded USD 13.3 million to Basilea to continue the development of Basilea's novel oral antibiotic ceftibuten-ledaborbactam etzadroxil, a beta-lactam/beta-lactamase inhibitor (BL/BLI) combination, for the treatment of complicated urinary tract infections (cUTIs), including pyelonephritis.

globenewswire.com - 2026-05-28 01:15:00

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