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Posts Tagged ‘grant’

David P. Hamilton | August 2nd, 2007 |

David P. Hamilton | July 21st, 2007 |

Baltimore, Md.-based Profectus BioSciences, a biotech developing new strategies to attack HIV, received a $200,000 small-business innovation grant from the National Institutes of Health to improve the effectiveness of anti-HIV antibodies. Last month, the company received a similar $300,000 grant (PDF link), just a few days after the company raised $3 million in a private placement.

Profectus, which was spun out of the Institute for Human Virology in 2005, has so far rased a total of at least $6.5 million.

David P. Hamilton | June 26th, 2007 |

Snowdon, a New Brunswick, N.J., drug developer, received a $500,000 grant from the New Jersey Commission on Science & Technology. The grant matches $500,000 the company raised in March from the Foundation Venture Capital Group.

Snowdon is developing new treatments against cancer, pain and infectious parasitic diseases.

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