Akanocure Pharmaceuticals Receives Grant from Germany-based Bayer

West Lafayette-based Akanocure Pharmaceuticals Inc. is one of 18 recipients of the Grants4Ag Award from Germany-based biotechnology firm Bayer.

The Purdue University-affiliated startup says it will use the award to support research and development of compounds to help fight fungal infections in crops.

The Grants4Ag Award is an annual initiative that provides funding and expertise to researchers developing novel agricultural solutions, Purdue said in a news release. This year’s awards are specifically focused on technologies for the next generation of crop-protection solutions.

Akanocure Pharmaceuticals, based out of the Purdue Research Park, was co-founded by Purdue alumni Mohammad Noshi and Sherine Abdelmawla.

The company is developing antifungal compounds based on technology that Purdue says addresses challenges often faced in development by fine tuning the compounds’ physical and chemical properties for higher efficacy and safety for the environment and human consumption.

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