CARB-X IS FUNDING UK-BIOTECH GENOMEKEY TO DEVELOP A RAPID DIAGNOSTIC FOR SEPSIS, A LEADING CAUSE OF DEATH IN HOSPITALS

CARB-X is awarding GenomeKey (Genomics Labs Ltd.) in Bristol, UK, up to $3.0 million in non-dilutive funding to develop an innovative rapid diagnostic for sepsis. GenomeKey is eligible for up to $6.5 million in additional awards if the project achieves certain milestones, subject to available funds.

The new diagnostic would significantly reduce the time it takes to determine what bacteria are causing an infection and which antibiotics would be most effective in treating a patient suffering from sepsis. The diagnostic would deliver precise test results in four hours rather than the several days it can currently take. Faster diagnosis would enable appropriate treatment to be administered more quickly, a critical step for improving outcomes and saving lives in sepsis cases.