October 28, 2013 Brevard, NC:

PharmAgra Labs, Inc. (Brevard, NC) is pleased to announce that it has received 1-year of additional funding for an Industrial Fellow from the North Carolina Biotechnology Center in the amount of $47,000. The fellowship was initially funded for one year on August 15, 2012.

The Fellowship is being used to support the work of Dr. Sudarshan Upadhya in his efforts to commercialize proprietary PharmAgra products. Before joining PharmAgra, Dr. Upadhya was an Adjunct Assistant Professor at Wake Forest School of Medicine.

Speaking on behalf of PharmAgra Labs Inc and Lalilab Inc, Roger Frisbee, President of Ardeal Pharma, said:
“PharmAgra is very appreciative of the ongoing support being provided by the NC Biotechnology Center which will strengthen our ongoing commercialization program and provide continuing career development support for Dr. Upadhya”.

For more information, please feel free to contact:
Roger Frisbee, PharmAgra Labs, Inc., 828-884-8656