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Tuesday, March 18, 2008 - 9:40 AM EDT
ProtoKinetix opens D.C. office Washington Business Journal - by Tucker Echols Staff Reporter
Biotech company ProtoKinetix Inc. will open an office in Washington to accommodate the Canadian company's growth and place it near the region's federal health-related agencies.
In recent weeks, Vancouver-based ProtoKinetix Inc. (OTCBB:PKTX) has expanded its management and business development team to include Dr. Edward Martin of Martin, Blanck and Associates and Donald Weber of Logistics Health Inc. The company also named Randy Anderson vice president of government affairs. Anderson will head up the new office.
ProtoKinetix has developed and patented a family of synthetic anti-aging glycoproteins (AAGP) for medicine and the biotechnology and cosmetic industries.
Ross Senior, chief executive officer of ProtoKinetix, said the move was a significant step forward for the company. He added that, "promising results from a variety of recent tests and preliminary trials using ProtoKinetix' AAGP in cryopreservation of multiple cells lines helped the board reach its decision."
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