| FOR IMMEDIATE RELEASE: | Contact: Michael Baum |
| Nov. 3, 1997 | (301) 975-2763 |
| TN-6176 |
The Commerce Department’s National Institute of Standards and Technology has announced that it will renew a multiyear research award under the Advanced Technology Program to IBC Advanced Technologies Inc. (American Fork, Utah) to develop a novel technology to separate, recover and purify enantiomers (left-handed or right-handed molecules) from mixtures, with applications in pharmaceuticals and other speciality chemicals.
The NIST award renewal is for $669,884. The original three-year project, begun in 1995, was projected to receive a total of approximately $2 million in ATP funding, matched by approximately $1,042,000 in industry funding.
Advanced Technology Program awards are designed to help industry pursue risky, challenging technologies that have the potential for a big pay-off for the nation’s economy. ATP projects focus on enabling technologies that will create opportunities for new, world-class products, services and industrial processes, benefiting not just the ATP participants but other companies and industries--and ultimately consumers and taxpayers. The ATP’s cost-shared funding enables industry to pursue promising technologies that otherwise would be ignored or developed too slowly to compete in rapidly changing world markets.
Detailed information on this project, Non-Chromatographic Enantiomer Separation and Purification with High Separation Factors, is provided in the fact sheet.
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