Osiris Therapeutics wins contract for development of radiation treatment

by: Matthew Potter
January 4, 2008

Category: Department of Defense, development program, medicine, Osiris Therapuetics | RSS 2.0

The Department of Defense awarded Osiris Therapuetics a contract that might be worth $224 M dollars to utilize a stem-cell therapy drug to treat radiation caused gastrointestinal injuries. See CNNMoney.com story here. The initial funding of $4 M is to develop the treatment, with another $200 M possible if the DoD decides to purchase units. This is an example of how diverse DoD spending is. It is not just for bullets, beans, gas and soldiers.

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