


MGB Biopharma Limited
Biotechnology Research • Glasgow, Scotland, United Kingdom • 1-10 Employees
Company overview
| Headquarters | Blue Square Offices, 272 Bath Street, GLASGOW, G2 4JR, GB |
| Website | |
| NAICS | 541714 |
| Keywords | Clostridium Difficile, Gram-Positive Anti-Infectives, Innovative Drug Development, Preclinical & Clinical Studies |
| Founded | 2010 |
| Employees | 1-10 |
Key Contact at MGB Biopharma Limited
Raymond Spencer
Founder & Director
About MGB Biopharma Limited
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.
MGB Biopharma Limited revenue & valuation
| Annual revenue | $427,775 |
| Revenue per employee | $86,000 |
| Estimated valuation?This valuation is estimated based on industry average for the Biotechnology Research industry and current estimated revenues | $1,400,000 |
| Total funding | No funding |
Employees by Management Level
Total employees: 1-10
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MGB Biopharma Limited has 1 employees across 1 departments.
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