PR94322

BOSTON, Feb. 1, 2022 /PRNewswire=KYODO JBN/--

--Members will play a vital role in evaluating potential investments into

clinical-stage companies developing urgently needed antibiotics

The AMR Action Fund, the world's largest public-private partnership investing

in the development of new antibiotics, today named nine appointees to its

independent Scientific Advisory Board (SAB).

Logo - https://mma.prnewswire.com/media/1736281/AMR_Action_Fund_Logo.jpg

The SAB will help evaluate the scientific merit, patient benefit, and public

health impact of potential investments into clinical-stage companies developing

antibacterial treatments that target priority pathogens as identified by the

World Health Organization and the U.S. Centers for Disease Control and

Prevention.

The Fund, whose partners include a coalition of leading pharmaceutical

companies, the Wellcome Trust, the European Investment Bank, and philanthropic

foundations, will invest approximately $1 billion in the coming years across a

range of biotech companies to bring two to four new antibiotics to market. The

appointment of the advisory board members marks a key step for the Fund as it

prepares to make its first investments.  

"The experts on our Scientific Advisory Board bring diverse perspectives and

extensive experience in antibiotic development and global health that will

bolster our diligence efforts and help prioritize treatments that deliver the

greatest benefits to patients," said Henry Skinner, CEO of the AMR Action Fund.

"I am thrilled to welcome these esteemed individuals and look forward to

working together on identifying solutions to one of the biggest public health

threats of our time."  

The Scientific Advisory Board appointees are:

    --Donald Anderson, MD: Former Academic Infectious Disease Investigator and

      Pharmaceutical-Biotech Executive; Current Consultant to the VP Research &

      Innovation at Michigan State University (based in Austin, Texas)

    --Patricia Bradford, Ph.D.: Antimicrobial Development Specialists, LLC

      (based in New York)

    --Erin M. Duffy, Ph.D.: Chief of Research & Development, CARB-X (based in

      Boston)

    --Stephan Harbarth, MD, MS: Professor, Geneva University Hospitals' (HUG)

      Divisions of Infectious Diseases and Infection Control (based in Geneva)

    --Katie Laessig, MD: Senior Vice President, Global Regulatory Affairs,

      Antios Therapeutics (based in Washington, D.C.)

    --Norio Ohmagari, MD, Ph.D.: Director, AMR Clinical Reference Center;

      Director, Disease Control and Prevention Center of the National Center  

      for Global Health and Medicine (based in Tokyo)

    --David Paterson, MBBS: Director, The University of Queensland Centre for

      Clinical Research (based in Brisbane, Australia)

    --Lloyd Payne, D.Phil.: CEO of ArrePath Inc (based in Manchester,

      England/Princeton, N.J.)

    --Valeria Gigante, Ph.D.: Team Lead at the World Health Organization in the

      AMR Division (based in Geneva)

Antimicrobial resistance kills an estimated 1.27 million people a year, and

that number could grow to as many as 10 million people by 2050. The lack of

effective antibiotics threatens to undermine modern medicine, from cancer care

to organ transplantation to childbirth. There is broad consensus that the world

urgently needs new antibiotics, as well as new policies and incentives to

encourage investment and innovation. AMR Action Fund's SAB will help the Fund

invest in clinical-stage biotechs that are developing novel antimicrobials that

are clinically differentiated and have the potential to significantly reduce

patient mortality.

"I am delighted that this prestigious group of experts from around the world

has joined the AMR Action Fund's Scientific Advisory Board," said John Rex, MD,

SAB Chair. "Their deep knowledge and expertise will be essential as the Fund

looks to catalyze the type of long-term innovation needed to take on the global

threat of AMR."

About the AMR Action Fund

The AMR Action Fund is the world's largest public-private partnership

supporting the development of antibiotics, antifungals, and other antimicrobial

treatments. The Fund will invest US$1 billion into clinical-stage biotech

companies with the goal of bringing two to four new products to market. The

concept of the AMR Action Fund was developed by the International Federation of

Pharmaceutical Manufacturers & Associations and its member biopharmaceutical

companies, in collaboration with the World Health Organization, the European

Investment Bank, and the Wellcome Trust. Investors in the AMR Action Fund

include: Almirall; Amgen; Bayer; Boehringer Ingelheim; Boehringer Ingelheim

Foundation; Chugai; Daiichi-Sankyo; Eisai; Eli Lilly and Company; the European

Investment Bank (with the support of the European Commission under Horizon

2020, the 2014-2020 European Union research and innovation program);

GlaxoSmithKline; Johnson & Johnson; LEO Pharma; Lundbeck; Menarini; Merck;

Merck KGaA, Darmstadt, Germany; Novartis; Novo Nordisk; Novo Nordisk

Foundation; Pfizer; Roche; Shionogi; Takeda; Teva; UCB; and the Wellcome Trust.

SOURCE:  AMR Action Fund

CONTACT: AMR Action Fund Communications Director

         Chris Sweeney: chris.sweeney@amractionfund.com