Phoenix PharmaLabs has received a Technology Transfer Grant from the National Institutes of Health to evaluate its lead compound as a potential treatment for cocaine addiction. Dr. Larry Toll, our CTO, was recruited earlier this year by Florida Atlantic University to become the University’s first recruit under the 21st Century World Class Scholars Program established by the state of Florida, and the $250k Grant will be administered jointly with FAU in Boca Raton, Florida. We are ecstatic to be able to conduct this important research!
