AdjuTec Pharma AS

DNB Healthcare Conference 2021 - AdjuTec Pharma (Venture Session)

Oslo, Norway, December 20th, 2021 - " For the 12'th year in a row, DNB supports the fantastic venture companies we have in Norway by introducing them to investors and international healthcare companies. Norway Health Tech has been a very important partner for the Venture session , and a close cooperation with Oslo Cancer Cluster and the other Norwegian clusters and networks have been crucial for making this conference the success it is today" says Torgrim Isaksen, Healthcare Industry Specialist @ DNB.

AdjuTec Pharma has been chosen as one of 12 the most promising startups and scaleups in Norway participating in the Venture Sessions, among other exiting companies. 

About antimicrobial resistance (AMR) –

AMR is a global health and development threat. It requires urgent multi-sectoral action in order to achieve the Sustainable Development Goals (SDGs). WHO has declared that AMR is one of the top 10 global public health threats facing humanity. Misuse of antimicrobials are the main drivers in the development of drug-resistant pathogens. Lack of clean water and sanitation and inadequate infection prevention and control promotes the spread of microbes, some of which can be resistant to antimicrobial treatment. The cost of AMR to the economy is significant. In addition to death and disability, prolonged illness results in longer hospital stays at intensive care units and isolate wards. In addition, there is a need for more expensive medicines and financial challenges for those impacted. Without effective antimicrobials, the success of modern medicine in treating and preventing infections during major surgery and cancer chemotherapy, can be jeopardized.

About AdjuTec Pharma

AdjuTec Pharma is a Company that is dedicated to developing and providing novel antibiotic resistance breakers to the global market. The Company technology offers a unique mechanism of action that inactivates bacterial defense enzymes and restores bacterial sensitivity to antibiotics. The Company lead product is APC148, a selective zinc chelator targeting bacteria metallo-ß-lactamase (MBL) enzymes. The technology is developed by Professor Pål Rongved and his group at Department of Pharmacy, University of Oslo. The Company is located at Oslo Cancer Cluster Innovation Park next to the Radium Hospital, Oslo.

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