Biotech Values

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David Nance of Introgen 'fame'

Don't know if this has been discussed here, but Nance is not exactly retired ...

>>Convergen sues to prevent release of documents tied to $4.5 million grant<<


>>An Austin company at the center of a controversy over a $4.5 million state grant is asking a court to block the release of information that Attorney General Greg Abbott has deemed to be public.

The Austin American-Statesman sought the grant application and other documents from Convergen LifeSciences Inc. following news reports that the company, led by David Nance, had won the money after sidestepping or ignoring the usual channels of review.

An Austin-area screening board rejected Convergen's initial application for money to develop a cancer treatment, and Nance sidestepped screening by another board that focuses on life sciences applications.

Instead, Nance went to a 17-member state advisory board, made up mostly of appointees of Gov. Rick Perry, and asked Alan Kirchhoff, Perry's director of economic development at the time, to intervene.<<


>>The attorney general said that the law did not apply because Convergen already had been awarded the money and is no longer "being considered for an award."<<

http://www.statesman.com/news/texas-politics/convergen-sues-to-prevent-release-of-documents-tied-1212299.html

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