QUEBEC CITY, QUEBEC--(Marketwire - July 03, 2008) - Medicago Inc. (TSX VENTURE: MDG) today announced it has been awarded a non-refundable contribution of up to $279,700 from Canada’s National Research Council Industrial Research Assistance Program (“NRC-IRAP”) to support the development of the Company’s seasonal influenza Virus-Like Particles (VLP) vaccine program. Medicago is developing a seasonal vaccine based on its proprietary VLP manufacturing technology, which has the potential to offer speed and cost advantages over competitive technologies.
