Henry Skinner, AMR Action Fund CEO

AMR Ac­tion Fund looks to tack­le an­timi­cro­bial re­sis­tance with first two in­vest­ments — but does the mon­ey ar­rive too late?

The AMR Ac­tion Fund — backed by a hand­ful of heavy­weight phar­ma play­ers in­clud­ing Pfiz­er, Eli Lil­ly, Mer­ck, John­son & John­son, Boehringer In­gel­heim and Glax­o­SmithK­line — has made its first two in­vest­ments in the hopes of ad­dress­ing the loom­ing threat of an­timi­cro­bial re­sis­tance.

But ac­cord­ing to CEO Hen­ry Skin­ner, there’s plen­ty more to go around this year.

AMR has promised to in­vest over $100 mil­lion this year in com­pa­nies de­vel­op­ing an­timi­cro­bials that can over­come re­sis­tance, start­ing with Adap­tive Phage Ther­a­peu­tics (APT) and Ve­na­torx Phar­ma­ceu­ti­cals.

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Alexandria Real Estate Equities

Cambridge, MA, USA