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Sabinsa Receives Funding From Indian Government

July 14, 2008

INDIA: Sami Labs, the research and manufacturing arm of Sabinsa Corp., has received funding from the Government of India’s Department of Scientific and Industrial Research (DSIR) to perform pilot trials on two novel research projects.

Sami Labs, located in Bangalore, India, was awarded $185,000 under the Department’s Technology Development and Demonstration Program, which is designed to promote India’s research, development and technology advancements. The grant will be used, in part, to develop and test a plant-derived cosmetic active, with expected market availability in late 2008, according to the company. In addition, the grant will assist Sami Labs in developing a novel method to manufacture Resveratrol.

In other news, India’s National Accreditation Board for Testing & Calibration Laboratories has successfully audited Sami Labs’ research and development and quality control labs.
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