Article: DiscoveryBioMed Awarded $300,000 NIH Grant for Cystic Fibrosis Drug Research and Development.

DiscoveryBioMed, Inc. (DBM) announced that it has been awarded a Phase 1 Small Business Innovation Research (SBIR) grant by the National Institutes of Health (NIH). The $308,000 grant will be used to advance certain small molecule drug discovery programs designed to correct the genetic mutation most common to cystic fibrosis (CF) (see also DiscoveryBioMed, Inc.).

"SBIR funding is an essential part of DiscoveryBioMed's ability to provide our academic clients with cost-effective access to our world-class drug discovery engine," said Dr. Erik Schwiebert, Chief Executive Officer of DiscoveryBioMed. "By screening our test drugs on DBM's proprietary disease-relevant ...

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