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HomeFinTechOlgram: Raises €1.5M in Seed Funding

Olgram: Raises €1.5M in Seed Funding

  • Olgram, a Brehan, France-based biotechnology company developing marine molecules for the prevention and control of bacterial infections, raised €1.5m in seed funding
  • Olgram is a biotechnology company also developing marine molecules for the prevention and control of chronic bacterial infections
  • The company has 2 product candidates targeting infections
  • Olgram will first focus its efforts on cystic fibrosis, an orphan disease in which 35% of patients suffer from chronic Pseudomonas aeruginosa infections in adulthood  leading to their premature death
  • In a second phase, the company will target nosocomial infections in immunocompromised patients after head trauma
  • The company also intends to use the funds to accelerate the development of anti-infectious molecules capable of eliminating the bacteria responsible for chronic relapses
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