Monday, April 11, 2005

The University of Mississippi and Cumberland Emerging Technologies Announce Collaboration Agreement

Monday April 11, 1:22 pm ET
NASHVILLE, Tenn., April 11 /PRNewswire/ -- Cumberland Emerging Technologies (CET) has announced the signing of a collaboration agreement with the University of Mississippi School of Pharmacy (UM) to develop and commercialize new pharmaceutical products. With the shared goal of bringing early-stage research to the marketplace, the parties have agreed to combine their strengths to take innovative new products, based on research at UM, through the critical phases of development and on to commercialization. The university and CET will work together to pursue grant funding for these projects through programs like Small Business Technology Transfer and Small Business Innovation Research, for which CET will provide program management.
In addition to bringing new products to market, the parties will explore opportunities for development of a Mississippi-based CET life sciences incubator, similar to the facility CET developed in Nashville in 2002.

Full Story: http://biz.yahoo.com/prnews/050411/clm055.html?.v=4

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