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Revision History For: Starpharma in Nanotechnology (SPHRY)

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Return to Starpharma in Nanotechnology (SPHRY)
 
This small company has received strong financial suppor for its research Starpharma Holdings Limited (USOTC: SPHRY; ASX: SPL) today signed an agreement with the National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health (NIH), to fund a clinical trial to test the use of VivaGel(TM) in the prevention of genital herpes. Genital herpes is the second indication for which VivaGel(TM)
is being developed.
This latest support from the NIH is in addition to a previously announced US$20.3 (A$26m) million funding provided by the NIH to support the development of VivaGel(TM) for the prevention of HIV. In both cases funding is non- dilutive for shareholders and has no negative impact on the commercial returns that Starpharma will receive from VivaGel(TM).
The reaction on it stockprice is remarcable but obviously not noted by Silicon Investors but worth to be discussed. Fred