Marshall University biotechnology spinoff receives large grant from National Institutes of Health

Marshall University biotechnology spinoff receives large grant from National Institutes of Health


Progenesis Technologies , a biotechnology company headquartered in Huntington, West Virginia, and with ties to Marshall University, has been awarded a Phase II Small Business Innovation Research Grant from the National Institutes of Health for $1.06 million over a two-year period. Progenesis was founded in 2006 by two Marshall University Joan C. Edwards School of Medicine faculty members, Richard Niles, Ph.D., and Hongwei Yu, Ph.D., based on patented discoveries from Yu's research on genetically engineered bacteria that produce the biopolymer alginate used in a variety of applications including textile manufacturing, food production, wound care and drug delivery.



from Biotech News