Navigation Links
Regenerative Medicine Company, Eqalix, Announces Grant from Nanotechnology Institute in Philadelphia, Pennsylvania
Date:3/26/2013

Reston, VA (PRWEB) March 26, 2013

Eqalix has announced they have received a $50,000 grant from the Nanotechnology Institute in Philadelphia Pennsylvania which will facilitate the advancement of the development of its technologies for regenerative medicine. This project was financed (in part) by a grant from the Commonwealth of Pennsylvania, Department of Community and Economic Development via funding to the Ben Franklin Technology Partners of Southeastern PA and the Nanotechnology Institute. This grant comes from its Match for Sponsored Research Program, which adds to the $125,000 Sponsored Research Agreement executed between Eqalix and Temple University. This SRA is designed to facilitate the expansion of Eqalix’s pre-clinical research and development efforts through a Sponsored Research Agreement with Temple University’s Department of Bioengineering.

"The NTI has been a continuous and enthusiastic supporter of Dr. Peter Lelkes and his NanoScaffold technology. The successful execution of the licensing and SRA agreements for this technology moves this important technology in medical textiles closer to commercialization." Anthony P. Green, Ph.D., Vice President of Technology Commercialization: Life Sciences, BFTP/SEP, Ben Franklin Director, NTI.

As a first goal, the NTI Grant will be used to advance research and development of a novel plant-protein based nano-fibrous scaffold for difficult to treat wounds as well as applications in aesthetic dermatology. Scaffolds made of plant proteins are intended to accelerate the natural wound healing process and are a promising product candidate for skin regeneration in acute and chronic in wounds and burns. To date, Eqalix’s APS for enhanced wound healing have undergone the initial proof-of concept in pre-clinical research. Joseph P. Connell, Chairman and CEO stated, “We are excited to receive the financial support of NTI to advance the development of OmegaSkin™. OmegaSkin™ has the potential to heal full thickness wounds without scarring and has the potential to change the way we treat chronic wounds, burns and accelerate the physiologic healing in aesthetic dermatology applications.”

About Eqalix
Eqalix is an emerging regenerative medicine development company with a goal of enhancing the quality of life of consumers and patients by providing novel nano-materials for the repair and regeneration of diseased, traumatized and aging tissues. Its innovative technologies are intended to revolutionize the unmet needs in multiple commercial and therapeutic applications in the Regenerative Medicine space via exclusive commercial licensing from three prominent institutions (University of Pennsylvania, Drexel University and Children’s Hospital of Philadelphia).

Eqalix plans to leverage its technologies to develop and commercialize: (a) plant-protein based nano-fiber scaffold for use in aesthetic dermatology and wound healing markets; (b) small- diameter hybrid vessels that reduce graft thrombogenicity and promote the creation of a functional endothelium after implantation; and (c) 3-Dimensional tissue scaffolds with tunable properties for tissue and organ replacement and repair in vivo and for advancing molecular cell science and engineering in vitro.

About NTI:
The overarching mission of NTI is to focus on the transfer of nanotechnology discoveries and intellectual knowledge from universities to industry partners, and on the rapid application and commercialization of nanotechnology to stimulate economic growth.

The NTI is seeded with a technology grant whose cumulative value is $16.3 million from the Commonwealth of Pennsylvania’s Ben Franklin Technology Development Authority, and is administered through the Department of Community and Economic Development (DCED).

The NTI breaks barriers to commercialization through facilitated licensing, sponsored research and company spinouts through partnering organizations. With its unique model, the NTI acts as a “single point of contact” that brings together academic and research institutions, corporate partners, private investors, government, and economic development organizations to harness the potential of this new scientific frontier.

Eqalix, Inc. is a privately held Virginia based C-Corporation located at:
1900 Campus Commons Drive
Suite 100
Reston, VA 20191
Contact: Joseph P. Connell, CEO
910.233.0806

Read the full story at http://www.prweb.com/releases/2013/3/prweb10554084.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related biology technology :

1. Palm Beach Residents to Learn How the Future of Regenerative Medicine Will Combat Aging
2. ODT Forum Presents Regenerative Technologies
3. Regenerative Sciences Receives $2M Investment for Orthopedic Stem Cell Initiatives
4. Neuralstem CEO to Present at the World Stem Cells and Regenerative Medicine Congress in London
5. IntelliCell BioSciences Announces It Will Present and Run Workshop at the 10th Annual Commercialization of Regenerative Medicine in London
6. Dr. Jeff Jonas Appointed President of Shire Regenerative Medicine Business and Joins Shire Leadership Team
7. The Alliance for Regenerative Medicine forms Tissue Engineering and Biomaterials Committee
8. Shire Regenerative Medicine Initiates Phase 3 Study of ABH001 for Patients with Epidermolysis Bullosa
9. Regenerative Medicine and Stem Cells Market Deals Analysis in New Research Report at ReportsnReports.com
10. JDRF and California Institute for Regenerative Medicine Increase Funding of ViaCyte
11. Stem Cell / Regenerative Medicine & HSCT / Cord Blood Market Analysis in New Research Report at ReportsnReports.com
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/10/2017)... ... October 10, 2017 , ... ... business process optimization firm for the life sciences and healthcare industries, announces a ... in San Francisco. , The presentation, “Automating GxP Validation for Agile Cloud Platforms,” ...
(Date:10/9/2017)... FL (PRWEB) , ... October 09, 2017 , ... The ... scheduled to broadcast first quarter 2018. American Farmer airs Tuesdays at 8:30aET on RFD-TV. ... industry is faced with the challenge of how to continue to feed a growing ...
(Date:10/9/2017)... (PRWEB) , ... October 09, ... ... published on October 5, 2017, in the medical journal, Epilepsia, Brain Sentinel’s ... the gold standard, video EEG, in detecting generalized tonic-clonic seizures (GTCS) using ...
(Date:10/7/2017)... Oct. 6, 2017  The 2017 Nobel Prize ... scientists, Jacques Dubochet, Joachim Frank and ... cryo-electron microscopy (cryo-EM) have helped to ... structural biology community. The winners worked with systems ... routinely produce highly resolved, three-dimensional images of protein ...
Breaking Biology Technology:
(Date:4/4/2017)... YORK , April 4, 2017   EyeLock ... today announced that the United States Patent and Trademark ... patent broadly covers the linking of an iris image ... same transaction) and represents the company,s 45 th ... latest patent is very timely given the multi-modal biometric ...
(Date:3/30/2017)... March 30, 2017 The research team of ... three-dimensional (3D) fingerprint identification by adopting ground breaking 3D fingerprint minutiae ... realm of speed and accuracy for use in identification, crime investigation, ... cost. ... A research ...
(Date:3/28/2017)... 2017 The report "Video Surveillance ... Servers, Storage Devices), Software (Video Analytics, VMS), and Service ... Forecast to 2022", published by MarketsandMarkets, the market was ... projected to reach USD 75.64 Billion by 2022, at ... base year considered for the study is 2016 and ...
Breaking Biology News(10 mins):