The breakthrough opens a new front in the fight against superbugs, a threat that Prime Minister David Cameron has warned could plunge modern medicine "back into the Dark Ages".
According to a report in The Times,a panel set up by Cameron to tackle antibiotic-resistant bugs forecast that they would cost the world ten million lives and 700 billion pounds a year by 2050 if the problem went unchecked.
At present the infections kill about 700,000 people each year, including at least 10,000 in the UK.
Developed at the National Physical Laboratory in southwest London, the drug can tear bacteria apart within a fraction of a second.
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It could also be used to treat genetic diseases such as sickle-cell anaemia by rewriting a cell's DNA, its inventors said.
Scientists rigged up part of the protein into an artificial virus that rapidly bursts bacteria while leaving human cells alone.
The drug acts as a microscopic "projectile", killing infectious bugs such as E.Coli and Staphylococcus aureus at a rate comparable to established antibiotics.