BioSpace.com

Biotech and Pharmaceutical
News & Jobs
Search the Site
 
   
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Browse Biotech Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  US Device
Europe
Asia

DIVERSITY

INVESTOR
Market Summary
News
IPOs

PROFILES
Company Profiles

START UPS
Companies
Events

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Biotech Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
eNewsletter Signup
Miles
Km80.5

   

ParaPRO LLC Awarded $2.1 Million Grant from State of Indiana


9/21/2007 9:14:55 AM

CARMEL, Ind.--(BUSINESS WIRE)--ParaPRO LLC today announced that it has received a $2.1 million grant from Indiana’s 21st Century Research and Technology Fund. The grant will help ParaPRO finance the phase 3 trials for its lead investigational product, a crème rinse containing Spinosad, for the treatment of human head lice. Spinosad (pronounced "spin-OH-sid") is derived through the fermentation of a naturally occurring organism. Spinosad has been registered by Dow AgroSciences for crop protection use in more than 30 counties and has been recognized by regulatory agencies such as the U.S. Environmental Protection Agency (EPA) for its efficacy, low mammalian toxicity and low environmental impact. The EPA awarded Spinosad the Presidential Green Chemistry Challenge Award in 1999, http://www.epa.gov/greenchemistry/pubs/pgcc/winners/dgca99.html. In 2002, Spinosad was approved by the National Organics Standards Board for use in the production of “certified organic” foods.

Read at BioSpace.com

   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES