Medicago Receives Contribution From NRC-IRAP For Seasonal Flu Vaccine Program

Medicago Inc. (TSX VENTURE:MDG) announced it has been awarded a non-refundable contribution of up to $279,700 from Canada’s National Research Council Industrial Research Assistance Program (”NRC-IRAP”) to support the development of the Company’s seasonal influenza Virus-Like Particles (VLP) vaccine program. Medicago is developing a seasonal vaccine based on its proprietary VLP manufacturing technology, which has the potential to offer speed and cost advantages over competitive technologies.

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Filed under: Flu / SARS on July 8th, 2008