GlycoMar Ltd to collaborate with French microalgae specialist Phycosource SARL

Posted On: July 31, 2009

OBAN biotech company GlycoMar Ltd is to collaborate with French microalgae specialist Phycosource SARL, based at Cergy-Pontoise just outside Paris. Phycosource will supply novel products to GlycoMar for evaluation of their potential as pharmaceutical drugs.

The agreement is the first stage in a collaboration that will add new products to GlycoMar’s drug discovery pipeline and add value to Phycosource’s products by identifying pharmaceutical applications. These products are isolated from microalgae, which are microscopic algae found in fresh water and marine systems, grown in highly controlled bioreactor systems.

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