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BIOMAX SA - receives a positive assessment of the project financing application

BIOMAX SA - receives a positive assessment of the project financing application

Publish date: 2012-11-08

The Polish biotech company BIOMAX SA - received information from the National Center for Research and Development about a positive assessment of the proposal for funding of the company's project: "Development of innovative manufacturing technology of a new generation of cosmetics and dietary supplements based on biologically active collagen".

Tags: biotechnology , poland , interview

The total value of the project amounts to PLN 4.834.704 (1.162.596 €) and the total amount of the subsidy is PLN 2.258.187 (543.023 €) representing 72.35% of eligible costs. The project will start in January 2013 and end in December 2014. It involves carrying out research work aimed at obtaining active collagen derived from the skins of farmed salmon, which will than be used to create new lines of cosmetics and dietary supplements. The Company plans to carry out industrial research and conduct development works, including the formulation of recipes and creating the industrial technology. BIOMAX SA is thus going to be a pioneer in the market.

This is a very good news for BIOMAX SA. We intend to use this money to open a laboratory in Science and Technology Park in Gdańsk Morena, and after finishing the relevant research and obtaining patents BIOMAX SA plans to launch the production of a new generation of pharmaceutical collagen in the Pomeranian Special Economic Zone. The support of the EU grants will be very helpful for us to implement this strategy so we intend to make further requests for funding. Obtaining more grants will allow us to easily achieve the planned objectives - says Wojciech Samp, CEO of BIOMAX SA
.

 

Source: www.biotechnologia.pl

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