Chemaphor Inc. and National Research Council of Canada Receive Funding Support for Joint Project from Prince Edward Island Government
Published: Aug 19, 2009
OTTAWA, CANADA--(Marketwire - August 19, 2009) - A joint research proposal from Chemaphor (TSX VENTURE: CFR) and the National Research Council of Canada Institute for Nutrisciences and Health (NRC-INH) has received funding support from the Government of Prince Edward Island (PEI). The research proposal to evaluate the effects of oxidized beta-carotene ((-carotene), otherwise known as OxBC, on gut immunity is funded through the Province's Discovery and Development Fund.
This new project directly builds on the results of Chemaphor and NRC-INH's recent collaborative pilot study funded through the Innovation PEI Pilot Fund, which demonstrated OxBC's ability to enhance the intestinal immune system of mice.
With financial support of approximately $90,000 from PEI's Discovery and Development Fund, the new project aims to develop and implement genomic-based technologies that will be used to more broadly evaluate OxBC's effects on the mouse intestinal immune system. Although modeled on mice, this research has the potential to lay the foundation for the use of OxBC as a novel gut immune system enhancer for other animals, with potential benefits that include providing a promising alternative to antibiotic use in feeds in the agriculture and aquaculture sectors.
In closing, Dr Paul Dick, CEO of Chemaphor, comments that "By Chemaphor and the NRC working together, we grow stronger in conducting innovative research, which in turn drives product innovation. Receiving financial support from the government of Prince Edward Island completes the picture. This project is an excellent example of when public, private and government partners work together, each party benefits and value is created."
Chemaphor Inc. (www.chemaphor.com) uses its core expertise in chemistry to develop premium products for the animal health, skin care cosmetics, pharmaceutical and specialty chemical markets. Chemaphor's goal is to fully exploit its proprietary platform of carotenoid oxidation compounds by finding recognized partners to commercialize its products in multiple, large markets.
Forward Looking Statements
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Dr. Graham Burton
Evolution Group Inc.
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