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MLNT - Paratek Pharmaceuticals: Setbacks And Successes
Melinta Therapeutics Inc - Ordinary Shares
Antibiotics maker, Paratek Pharmaceuticals (PRTK), has struggled to hold onto gains in 2019. The has been a recent setback in the clinic but success on the funding front, both of which are worth discussing and the first focus of this article. Secondly, I look forward to a potential catalyst with relevance to the whole antibiotics space, the DISARM Act.
Why is PRTK languishing?
There are two recent pieces of bad news which haven't helped paint a rosy picture about PRTK's future. Firstly, October 31 came with the report of top-line results from two