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Oct 11, 2007

Bind Receives $2M to Advance Platform for Targeted Nanoparticle Engineering

  • Bind Biosciences was awarded a three-year $2 million grant to further develop its platform for high-throughput formulation and selection of targeted nanoparticles. The company’s technology has the potential to create a novel class of therapeutics based on optimally engineered targeted polymeric nanoparticles, points out Glenn Batchelder, president and CEO.

    The funding was received from the National Institute of Standards and Technology (NIST) under its Advanced Technology Program (ATP).  “The ATP funding will accelerate industrialization of our high-throughput combinatorial platform for nanoparticle fabrication and screening that uniquely enables Bind to develop and manufacture targeted nanoparticle therapeutics optimized for a specific disease,” remarks  Stephen Zale, Ph.D., vp of development.



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Scientifically Studying Ecstasy

MDMA (commonly known as the empathogen “ecstasy”) is classified as a Schedule 1 drug, which is reserved for compounds with no accepted medical use and a high abuse potential. Two researchers from Stanford, however, call for a rigorous scientific exploration of MDMA's effects to identify precisely how the drug works, the data from which could be used to develop therapeutic compounds.

Do you agree that ecstasy should be studied for its potential therapeutic benefits?

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