BioFactura Awarded Army SBIR Enhancement Funds; Renews CRADA with USAMRIID to Develop Smallpox Biodefense Therapeutic
12 JAN 2010
BioFactura, Inc. was awarded $500,000 through the US Army Small Business Innovative Research (SBIR) Phase II Enhancement Program to continue pre-clinical development of the Company’s Smallpox Biodefense Therapeutic. This program provides additional funding to meet the product requirements of an acquisition program and accelerates projects into the commercialization stage. Funding will be used to expand BioFactura’s pre-clinical efficacy studies in established animal models and to accelerate development of a scalable manufacturing process for commercial production.
BioFactura has also renewed its Collaborative Research and Development Agreement (CRADA) with the US Army Medical Research Institute of Infectious Diseases (USAMRIID) located at Ft. Detrick in Frederick, Maryland. The Company is extending this agreement for an additional three years as it moves its biodefense program into advanced development. Dr. Jay Hooper, Chief of Molecular Virology and subject matter expert, will continue to serve as principal investigator at USAMRIID.
“In addition to its continuing financial support, the Army SBIR Program has been a key advocate and partner throughout the development of our biodefense technologies,” said Darryl Sampey, BioFactura’s President and CEO. “Specifically, BioFactura would like to acknowledge the efforts of our Contracting Officer’s Representative (COR) at USAMRIID, Dr. Michael Parker, our Technical Assistance Advocate (TAA), Mr. John Ruehe, and the Army SBIR Program Manager (PM), Mr. Christopher Rinaldi for recommending this award. Innovative initiatives such as the Army SBIR Phase II Enhancement and Commercialization Pilot Programs effectively connect research to investment and procurement and are a model for successful federal R&D technology development.”