Monday, June 18, 2007

BioVenture winner lands cash

From the Saskatoon Star Phoenix:
Steve Mamchur knows he has a great idea. But instead of developing it in one of Canada's big cities, he's determined to make his business plan come to life to build the bio-economy in Saskatchewan.

The pharmacist and current law student at the University of Saskatchewan has created a technique that uses hormone concentrates from natural plant sources in bio-identical hormone replacement therapy, a natural alternative to pharmaceutical-based hormone replacement.

Mamchur has also developed a less expensive and safer way of mixing the hormone concentrate with a topical cream in pharmacies, an invention that will allow the number of Canadian pharmacies able to mix these creams to grow from 400 to 7,500. He wants to base his company in his home province. ...more

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