Sunday, September 25, 2011

GEN on Fort Collins-based VetDC: 'Firm Finds New Uses for Drugs, Diagnostics, and Devices in Companion Animals'

Quoting from the Biobusiness Profile in Genetic Engineering & Biotechnology News by Carol Potera:

"Companies spend billions of dollars annually on the development of human drugs, devices, and diagnostics. Yet many promising products fail to reach the marketplace and their value is never realized. VetDC was started in Fort Collins, CO, last year to repurpose discarded and shelved technologies for veterinary use. The company in-licenses emerging, underexploited technologies from human biotechnology companies, then develops and commercializes them for dogs, cats, and other companion animals."

Link to genengnews.com

VetDC is a portfolio company of the Colorado Institute for Drug Device and Diagnostic Development (CID4) in Aurora, CO. Link to learn more.

VetDC was a presenting company at the 2011 Rocky Mountain Life Science Investor & Partnering Conference (RMLIPC) in Denver. Link to the RMLIPC presenting company list.

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