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Three small companies in the diverse fields of medicine, cosmetics and crop irrigation are the latest recipients of Venture Acceleration Fund (VAF) awards from the Los Alamos National Security, LLC. Integrative Enzymatics, Vapour Organic Beauty and HydroBio will receive startup funding from the Laboratory to help them gain traction in their respective markets.
Integrative Enzymatics’ $70,000 award funds animal studies for a new pharmaceutical to treat Type I diabetes, a disease that affects 17 million people worldwide. Proof of efficacy in animals is a critical component to designate the pharmaceutical as an investigational new drug, obtain US Food and Drug Administration approval and eventually reach the market. Unlike standard insulin, the new drug has the potential to slow the progression of Type I diabetes and secondary complications such as kidney disease, osteoporosis, and cardiovascular, nerve and eye damage.
Integrative Enzymatics was founded in 2011 by a group of Johns Hopkins University and Massachusetts Institute of Technology graduates. Its three founders —Madhavi Gavini, Nicholas Generous and Raja Srinivas — will partner with Lovelace Respiratory Research Institute of Albuquerque on the project.
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