On May 10, 2017 InhibOx reported that it has relaunched as Oxford Drug Design to reflect its transition to a biotechnology company focused on internal drug discovery (Press release, Oxford Drug Design, MAY 10, 2017, View Source [SID1234533622]). Our lead antibacterial programme has identified compounds with the potential to be developed into therapies for Gram-negative bacterial infections, including against strains resistant to multiple current antibacterial drug classes. In the European Union alone, drug-resistant bacteria are estimated to cause 25,000 deaths and cost more than .5 billion every year in healthcare expenses and productivity losses. Compound design is supported by a proprietary technology platform in cheminformatics, 3D molecular similarity and computer-aided drug design that has been built up over 10 years of research and development.
The potential of our programme has been validated by the award of a prestigious Innovate UK Biomedical Catalyst grant to accelerate programme progression.

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