How about this. Where the hell are the administrators and new company? This below should have been STI shareholders as well:
Immunitor Receives Grand Challenges Canada Funding To Help In The Development Of New Tuberculosis Immunotherapy Treatment
Immunitor Grant To Pursue Research Using Honibe® Honey Lozenges™ And Immunoxel
FOR IMMEDIATE RELEASE: Charlottetown, PE, Canada – December 17th, 2013 – Island Abbey Foods Ltd™, a PEI based natural health product and specialty food producer, congratulates Immunitor, developer of Immunoxel an immunotherapy treatment utilized for Tuberculosis, on receiving a grant from Grand Challenges Canada.
Grand Challenges Canada, funded by the Government of Canada has extended seed grants of $100,000 each to 83 inventive new ideas for addressing health problems in resource-poor countries. The Grand Challenges Canada “Stars in Global Health” program seeks breakthrough and affordable innovations that could transform the way disease is treated in the developing world -- innovations that may benefit the health of developed world citizens as well.
Of the 83 grants announced today, 50 are given to innovators in 15 low- and middle-income nations worldwide and 33 to Canadian-originated projects, to be implemented in a total of 30 countries throughout the developing world. The portfolio of 83 creative, out-of-the-box ideas, selected through independent peer review from 451 applications, includes projects submitted by social entrepreneurs, private sector companies and non-government organizations as well as university researchers.
“We are happy to congratulate Immunitor on receiving this grant through Grand Challenges Canada in support of their efforts in creating a new treatment for Tuberculosis by way of the Honibe pure dried Honey Lozenges platform.” stated John Rowe, President of Island Abbey Foods Ltd. “Immunoxel is a promising treatment for Tuberculosis and we are very excited about the opportunity to help develop a new effective delivery mechanism for this cause.”
The Honibe – Pure Honey Joy brand has seen a great deal of nationwide support since their first product, the Honey Drop®, was introduced in 2008, including multiple product awards from across Canada. Honibe’s recognition started to grow internationally when it won the most prestigious food award in the world at SIAL Paris 2010, the Global SIAL d’Or (Gold Medal), which recognized the Honibe Honey Drop as “The Best New Food Product in the World”. Using the same proprietary technology as the award winning Honey Drop, the Honibe product line has since expanded to include Honey Delights® candies and suckers / lollipops, Honey Sprinkles™ for cooking and baking, and Honey Lozenges™ for coughs and colds. Honibe was subsequently honoured with the “Canada Brand Business Award” at SIAL Toronto in 2011. Honibe was also featured on one of Canada’s most popular television shows, CBC’s Dragons’ Den, where entrepreneurs pitch their ideas to savvy business investors. The Dragons smelled money in the honey pot as Honibe was offered one of the largest deals in the shows history. In August 2012, the Canadian Space Agency selected the Honibe Honey Drop as one of its ‘Snacks For Space’ and the Honey Drop went to the International Space Station with Canadian Commander Chris Hadfield’s December 2012 mission. Most recently, Island Abbey Foods was named one of Progress Magazines Fastest Growing Companies in 2012.
About Grand Challenges Canada Grand Challenges Canada is dedicated to supporting ‘Bold Ideas with Big Impact’ in global health. We are funded by the Government of Canada; we fund innovators in low- and middle-income countries and Canada. The bold ideas we support integrate science/technology, social and business innovation – we call this Integrated Innovation™. We focus on bringing successful innovation to scale, catalyzing sustainability and impact. We have a determined focus on results, and saving and improving lives.
For more information please visit, www.grandchallenges.ca.
STI Price at posting:
0.2¢ Sentiment: None Disclosure: Held
