Motif Bio PLC wants to raise £19.4m ($25m) through issuing new ordinary shares. It will use the money to complete its second Phase III study for iclaprim, its novel antibiotic for acute bacterial skin and skin structure infections (ABSSI) and to file for an NDA and marketing authorization.
Iclaprim, a DHFR (dihydrofolate reductase) inhibitor, is expected to pass through Phase III studies and FDA approval and will likely...






