PEORIA (WEEK) -- Midwest Bioprcessing Center in Peoria will receive $193,138 in federal funding from the Department of Health and Human Services' Small Business Innovation Research Program, according to a release from Congresswoman Cheri Bustos.
“I’m pleased to announce that these federal dollars will help advance crucial research happening right here in Peoria,” Bustos said. “As a member of the House Appropriations Committee, I have worked to support funding for programs like this to invest in groundbreaking research and technology and am committed to continuing to work to support local organizations and innovative development.”
According to the center's website, pharmaceutical products incorporating sugars and glycochemicals have tremendous therapeutic potential. In the past rare and modified glycochemical building blocks have been difficult to synthesize or prohibitively expensive to source.
According to the release, Dr. Leila Aminova will lead research at Midwest Bioprocessing Center to develop sugar types that can be used in pharmaceutical research to develop anti-cancer and anti-viral drugs.
The SBIR Program provides funding to small businesses that are seeking to commercialize innovative biomedical technologies.
This grant allows small businesses to participate in federal research and development, develop life-saving technologies and create jobs.