TXN Systems Raises SEK 25 Million Series A to Advance First-in-Class Antibiotic

EbsArgent targets urinary tract infections, with early indications of efficacy against many species of multidrug-resistant bacteria   STOCKHOLM, Oct. 30, 2024 – Thioredoxin Systems AB  (TXN Systems), a pharmaceutical company developing a first-in-class antibiotic for multidrug-resistant urinary tract infections, today announced the close of an approximate SEK 25 million (USD 2.4M) Series A financing round to support the development of EbsArgent™, the company’s first-in-class bactericidal antibiotic for urinary tract infections (UTIs) caused by antibiotic-