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Bullboard - Stock Discussion Forum Enerdynamic Hybrid Technologies Corp. EDYYF

Enerdynamic Hybrid Technologies, is a Canadian-based company delivering leading-edge energy solutions. EHT’s clean and renewable energy solutions are easily deployed and customizable. The Company is able to combine and integrate solar, battery storage technology, and energy efficient structures that qualify for being “NET ZERO”.

GREY:EDYYF - Post Discussion

Enerdynamic Hybrid Technologies Corp. > NR/ Co-Operation Agreement with Scattered Gold Biotechnology
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Post by IvanVanBeethoven on Oct 21, 2019 7:18am

NR/ Co-Operation Agreement with Scattered Gold Biotechnology

EnerDynamic Hybrid Technologies - Announces Co-Operation Agreement with Scattered Gold Biotechnology Inc.

NIAGRA FALLS and LONDON, ONTARIO / ACCESSWIRE / October 21, 2019 / EnerDynamic Hybrid Technologies Corp. (TSXV:EHT) ("EHT") is pleased to announce a co-operation agreement with Scattered Gold Biotechnology Inc. ("SGB").

SGB and EHT have signed the co-operation agreement for the purpose of developing customized cultivation units to form the basis of a Good Manufacturing Practice (GMP)-compliant facility in North Bay, Ontario. With the assistance of Canadore College, the facility will focus on the process of producing recombinant proteins from genetically-engineered "green plant bioreactors", and will utilize Growratio's advanced Controlled Environment Agriculture (CEA) platform to orchestrate and replicate the precise environmental protocols required for pharmaceutical grade biomass production at scale.

SGB has developed several plant bioreactor lines (genetically-engineered tobacco) that express and accumulate various recombinant proteins at very high levels, making the process of "upstream production" (biomass generation before extraction/purification) compellingly cost-effective and eco-friendly.

SGB is interested in the generation of a GMP-compliant facility and the process of production for select recombinant proteins, including potential biopharmaceuticals for human use. SGB and EHT's mutual interest is in the integration of EHT's cultivation units as an "upstream production module", which will utilize Growratio's patented lighting and proprietary control systems to deliver advanced environmental ‘recipes', including customized spectral tuning algorithms to drive efficiencies in photosynthesis and photomorphogenesis for the consistent generation of plant bioreactor biomass for downstream processing and purification of the recombinant protein product.

SGB and EHT believe once a production model of a GMP-compliant facility is completed, the process design will generate valuable IP, opening opportunities for other companies to licence the technology from SGB and EHT. As market for recombinant proteins grows rapidly worldwide, advancements in large-scale production technologies are imperative to supply the growing demand. Current conventional processes for manufacturing of recombinant proteins use bioreactors (fermenters) to cultivate bacterial, insect or mammalian cells. Bioreactors are generally costly to build, and energy-inefficient in operation due to the use of highly-processed input materials. They also have limited scalability, often rendering the product prohibitively expensive. The use of the combined technology (SGB,EHT and Growratio) is aimed at fully-controlled cultivation of "green plant bioreactors" and is expected to bring the price point down significantly, benefiting consumers.

EHT's CEO, John Gamble, commented, "This is a major advancement for our company; we have confirmed our market entry into the biopharma sector with SGB selecting our micro grow technology to provide the necessary plant growth for the production of recombinant proteins. We look forward to our entry into the biopharmaceutical sector and expanding our technology presence both in Canada and globally with our partner Growratio."

https://web.tmxmoney.com/article.php?newsid=6659390604249530&qm_symbol=EHT

Comment by Thor6570 on Oct 21, 2019 7:32am
Good morning Ivan , you beat me by 1 minute this time :-)
Comment by IvanVanBeethoven on Oct 21, 2019 7:39am
Good afternoon Thor, good to hear from you. Hope you're doing well.
Comment by Thor6570 on Oct 21, 2019 7:47am
Doing well Ivan thank you. Hoping for some of our stocks to go on a run prior to the new year. Have a great day :-)
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