Diabetes

Biopharma company announces three-way research agreement

Published in Drug Week, January 7th, 2005

PhytoMedical Technologies, Inc., (OTCBB:PYTO) announced its three-way cooperative research and development agreement (CRADA) with the U.S. Department of Agriculture's (USDA) Agricultural Research Service (ARS) and Iowa State University.

The CRADA program, authorized under the Federal Technology Transfer Act of 1986, allows federal laboratories and businesses to form commercial partnerships that help move new technologies into the marketplace. PhytoMedical, through its wholly owned subsidiary, Polyphenol Technologies Corporation, has entered into the CRADA to, among other objectives, synthesize the active components found in cinnamon and characterize their beneficial...

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Source: Drug Week (2005-01-07)

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