Cadrock Raises $5 Million from China Investor for Antibiotic CAD Treatment

Published on: Sep 10, 2018
Author: Amy Liu

Cadrock Pty Ltd, of Australia has raised $5 million in seed financing from an unnamed Chinainvestor to support clinical trials of an investigational triple-antibiotic as a treatment for coronary artery disease (CAD). The theory that CAD is caused by bacterial infection has not been proven, though a British study showed a 36% reduction in Major Cardiac Events following a course of antibiotics. The therapy was developed by Thomas Borody, MD, PhD, who previously developed a triple antibiotic treatment for peptic ulcers.

Source: China Biotoday

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