TEC Edmonton has chosen a company from UAlberta's Faculty of Pharmacy and Pharmaceutical Sciences as a semi-finalist for their 2013 business plan competition.
Dr. Afsaneh Lavasanifar teamed up with Mr. Ronald Matheson, an experienced pharmaceutical executive and entrepreneur, to form the company Meros Polymers Inc. in 2009.
Inspired to solve the problems associated with many existing medicines, University of Alberta pharmaceutical scientist Dr. Afsaneh Lavasanifar adapted materials with a long history of safe human use to create nanoscale drug delivery polymers that are highly effective in dissolving, delivering and slowing the release of drugs.
Results from this research have been presented at international conferences and in numerous peer-reviewed publications.Meros Polymers Inc. submitted their business plans to the TEC VenturePrize program in the fall of 2012. Matheson will present their business plan to an Alberta judging panel on March 21st in Edmonton.
Meros Polymers Inc. is one of six early-stage Alberta-based technology companies chosen for the business plan competition.
Tec Edmonton will announce the winning company at the Annual VenturePrize awards show on Wednesday, April 17.