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NEXT News
ALLIANCE FORMED BETWEEN ZUCHEM INC. AND AUSTIN CHEMICAL COMPANY, INC.
Chicago, Illinois. December 9, 2008: zuChem Inc. and Austin Chemical Company, Inc. announced today that they have formed an alliance for Austin Chemical to market and sell zuChem-produced rare sugars produced under its zuCarbTM product line worldwide. Under the terms of the alliance, Austin will represent both zuChem’s product and custom synthesis service offerings to the fine chemicals and pharmaceuticals industry.
“We are very excited to have Austin as our sales and marketing partner,” commented David Demirjian, Ph.D. zuChem’s CEO. “Austin’s reputation and its long history of success in the fine chemicals and pharmaceutical market will have a significant impact in expanding the customer base for our rare sugar products .”
“zuChem’s rare sugar products such as L-ribose and others are a great fit for our portfolio and are in growing demand by pharmaceutical companies. zuChem has developed breakthrough cost effective processes that give these products a significant competitive price advantage and we look forward to working with zuChem to make these products more widely available,” said Samuel M. Ponticelli, Chairman & CEO of Austin Chemical.
Austin will be exhibiting at INFORMEX in San Francisco January 27th - 30th, 2009 where it will be introducing new additions to zuChem’s 2009 zuCarbTM product line.
Events:
"NextSteps" is a bi-monthly meeting that provides a forum for entrepreneurs, technologists, funding sources and other interested parties to hear and review presentations of new technologies available for commercialization. It assists new early stage technology enterprises that are seeking financing, and provides a networking opportunity for entrepreneurs, investors, and community members.
Novus was started by a handful of Central Illinois entrepreneurs in 2004 to help entrepreneurs connect with one another. NOVUS meets every other month at the Peoria NEXT Innovation Center (unless otherwise indicated). The networking events include an information component provided by either a guest speaker, usually an entrepreneur, or a panel discussion, with plenty of time to make connections with others and to share ideas.
Angel Events
Angel Investors are invited to view presentations by client companies of the Bradley Technology Commercialization Center