IL Therapeutics
Encyclopedia
IL Therapeutics Inc. was previously owned by Western Life Sciences Venture Fund LP
(“Western Life Sciences”) and in 2006 its shares were purchased by Pacgen Biopharmaceuticals Corporation (“Pacgen”)
operates a bio-processing laboratory which facilitated biomedical research. IL Therapeutics was developed from research first begun at the Western College of Veterinary Medicine
Industry Liaison Office (ILO) decided to commercialize a commercialize this new drug treatment. This research has been sponsored by a $3 million boost from the Western Life Sciences Venture Fund (WLS)
(“Western Life Sciences”) and in 2006 its shares were purchased by Pacgen Biopharmaceuticals Corporation (“Pacgen”)
History
Saskatchewan Research CouncilSaskatchewan Research Council
The Saskatchewan Research Council is a provincial treasury board crown corporation conducting research and business on behalf of the provincial government and private industry. It focuses on applied research and development projects that generate profit...
operates a bio-processing laboratory which facilitated biomedical research. IL Therapeutics was developed from research first begun at the Western College of Veterinary Medicine
Pharmaceuticals
Currently IL Therapeutics is working on a drug candidate, IL-8(3-73)K11R/G31P (“PAC-G31P”) for relief of Acute Respiratory Distress Syndrome (ARDS) The Saskatchewan Research council, SRC also assisted with the funding of this project through the Agriculture Development Fund - SRC Industry Venture Fund.The successful progression of G31PRecently the University of SaskatchewanUniversity of Saskatchewan
The University of Saskatchewan is a Canadian public research university, founded in 1907, and located on the east side of the South Saskatchewan River in Saskatoon, Saskatchewan, Canada. An "Act to establish and incorporate a University for the Province of Saskatchewan" was passed by the...
Industry Liaison Office (ILO) decided to commercialize a commercialize this new drug treatment. This research has been sponsored by a $3 million boost from the Western Life Sciences Venture Fund (WLS)
See also
- BiotechnologyBiotechnologyBiotechnology is a field of applied biology that involves the use of living organisms and bioprocesses in engineering, technology, medicine and other fields requiring bioproducts. Biotechnology also utilizes these products for manufacturing purpose...
- List of biotechnology companies
- Innovation Place Research ParkInnovation Place Research ParkInnovation Place is the registered business name of the Saskatchewan Opportunities Corporation , a crown corporation in Saskatchewan. SOCO operates a network of three research parks: one located near the University of Saskatchewan in Saskatoon, Saskatchewan, the second near the University of Regina...
- University of SaskatchewanUniversity of SaskatchewanThe University of Saskatchewan is a Canadian public research university, founded in 1907, and located on the east side of the South Saskatchewan River in Saskatoon, Saskatchewan, Canada. An "Act to establish and incorporate a University for the Province of Saskatchewan" was passed by the...