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Atlanta Vascular Research Foundation (AVRF) Awarded Innovation PEI Pilot and Discovery Fund Grant.

ATLANTA -- Atlanta Vascular Research Foundation (AVRF), together with its collaborators at the University of Prince Edward Island (UPEI), has been awarded an Innovation PEI Pilot and Discovery Fund grant by Innovation PEI. The grant is to continue research and development in combining nutraceuticals to magnify clinical benefits for the prevention and treatment of cardiovascular and metabolic diseases. The funding from this grant is $25,000.

Through the collaboration between UPEI and AVRF, a novel compound has been created resulting in the chemical combination of 2 distinct nutraceuticals. "Ongoing research suggests that this compound may reverse the inactivation of nitric oxide and may function as a powerful intravascular antioxidant. Initial studies show that this compound is about 100 times more potent than the effects of the 2 compounds individually," stated Dr. Tarek Saleh, Chairman and Professor of Biomedical Sciences at UPEI and a co-investigator and recipient of this grant.

"We are very pleased with Innovation PEI's recognition of our research strength by awarding this grant," stated Bobby Khan, MD, Ph.D., Executive Director of AVRF. "This grant will facilitate the continued collaboration between our institutions and the further development of this novel compound." This research came about as a result of a Fulbright Research Chair awarded to Dr. Bobby Khan in 2009, which opened the doors for the collaboration with UPEI.

About AVRF

Atlanta Vascular Research Foundation and its sister company Carmel Biosciences, headquartered in Tucker, Georgia, are clinical stage biopharmaceutical companies focused on discovering, developing and commercializing drugs to benefit patients with chronic vascular and neurological diseases. The company also has a Phase II-IV clinical research facility and is a regional services provider to pharmaceutical and medical device clients in Cardiology, Metabolics, Rheumatology, Dermatology and Gastroenterology.
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Comment:Atlanta Vascular Research Foundation (AVRF) Awarded Innovation PEI Pilot and Discovery Fund Grant.
Publication:Business Wire
Geographic Code:1U5GA
Date:Jan 27, 2011
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