Le Lézard
Classified in: Ebola virus, Health, Science and technology

GRDG Sciences Concludes First Round of Research Achieving Objectives Resulting in a Valuation Exceeding $500 Million


WINTER HAVEN, Fla., Aug. 30, 2018 /PRNewswire/ -- Global Research & Discovery Group Sciences ("GRDG"), a private research and development organization, announced that it has met all of its objectives to address global medical issues and is moving forward into the next phase of groundbreaking research.

After full completion of the initial cancer research portion for its universal therapeutic drug platform, GRDG's science obtained its valuation from Destum Partners, a world-renowned intellectual property valuation and licensing firm known globally for its high level of expertise and capability in independently valuing and licensing pharmaceutical technology. Destum's clientele includes UCB Pharma, Pieris AG, Cempra Pharmaceuticals, Arena Pharmaceuticals and Advaxis. 

Although GRDG was seeded with less than $2 million in research funding, the platform technology and robust portfolio generated by GRDG has returned a significant investment in its valuation, exceeding $500 Million. This valuation will allow the company to continue moving forward in creating medication that will treat a range of disease categories including neurological, anti-microbial, anti-viral and oncology.

"GRDG is blessed with a strong leadership team who has shown its brilliance at achieving results in a cost-effective protocol without placing the burden of medication cost on patients," said Former Senior Assistant Surgeon General of the United States, Dr. Roscoe M. Moore Jr. who is GRDG's Scientific Adviser. "My experience as the former senior assistant Surgeon General of the United States has allowed me to direct the team in identifying key objectives for this initiative. I look forward to addressing future issues that we can solve for patients." Moore guided the team in identifying global health concerns, identification of key scientific assets, navigation of inter-government agencies, and global policy issues.

The team consists of Daryl Thompson, Director of Scientific Initiatives; Scott Truesdell, Special Projects Section Leader who executed the scientific research; and Christina Glendening, Chief Operating Officer.

"We are extremely pleased with this major milestone and the success rate, as well as the impact that this endeavor will potentially have in addressing global medical needs," says Mr. Thompson.  "We are equipped with a gifted team who have worked tirelessly to produce a robust portfolio that will provide a myriad of health solutions for patients."

 Examples of GRDG's successfully completed projects include:

Based on this success, GRDG Sciences is forging ahead in creating innovative solutions to globally daunting problems. GRDG's demonstrated acumen, unique approach, and efficient processes promise to bring more successes to the global healthcare landscape.

For more information about GRDG, visit http://grdgsci.com/.

Media Contact:
Christina Glendening
863-307-0066
[email protected]

SOURCE Global Research & Discovery Group Sciences


These press releases may also interest you

at 16:10
bluebird bio, Inc. today announced that it received a notice (the "notice") on April 24, 2024 from The Nasdaq Stock Market LLC ("Nasdaq") stating that because the Company has not yet filed its Annual Report on Form 10-K for the year ended December...

at 16:10
Repare Therapeutics Inc. ("Repare" or the "Company") , a leading clinical-stage precision oncology company, today announced the appointment of Steven H. Stein, M.D., to its Board of Directors, effective as of the date of the Company's upcoming annual...

at 16:00
This program will support individuals in Putnam County with Opioid Use Disorder and co-occurring substance use and mental health conditions through peer support and harm reduction for the broader Putnam County community. A...

at 15:49
Life Time continues its growth in Texas with two new athletic country clubs opening in the coming months. Located in Irving, Life Time Las Colinas opens April 26. Later this summer, the nearby Life Time Westlake will debut. A waitlist is now open....

at 15:44
Grossman Law Offices, with its principal office in Dallas, TX, expresses concern and support for Eric Elliott and his family following a truck accident that occurred on February 20, 2024, just before 4:45 p.m. along U.S. Highway 67 in Johnson County,...

at 15:23
Boehringer Ingelheim, the largest animal health company in Georgia and its NexGard® PLUS (afoxolaner, moxidectin, and pyrantel chewable tablets) product, and the Atlanta Braves Foundation, the non-profit arm of the Atlanta Braves, are proud to...



News published on and distributed by: