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« Medical College creates endowed biophysics chair | Main | Nanotechnology treatment for burns reduces infection, inflammation »

September 04, 2009

Quintessence Biosciences receives $986,000 research grant

By Kathleen Gallagher of the Journal Sentinel

Posted: Sept. 3, 2009

A Madison drug development company said Thursday it has received a $986,000 Small Business Innovation Research grant from the National Cancer Institute.

Quintessence Biosciences Inc. will use the money to support development of more drugs based on its Evade Ribonuclease technology, the company said.

Ribonuclease is a protein that chews up RNA, the long strands of material that transmit messages for cells. The company's technology aims to kill cancer cells by destroying the link between their DNA and protein.

Full story.

Posted by James B. Gehrke on September 04, 2009 in Biotech, Financial, Wisconsin Business |