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CA Participant

New Vision Biotech Pty Ltd 

Industry

Manufacturing

State/Territory

VIC

Location

Melbourne 

Grant Type

Proof of Concept

Grant Amount

$250,000 

Contact

Visit the website of New Vision Biotech Pty Ltd.

Status

Current
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New Vision Biotech Pty Ltd 
Last Reviewed: 29/03/2011

Novel process for manufacture of chondroitin sulphate

Chondroitin sulphate is a naturally occurring substance which is a major component of cartilage. It is essential for healthy joints in the human body. Diseases like osteoarthritis can lead to a gradual degeneration of the cartilage between the bone joints. Chondroitin sulphate supplements are an anti inflammatory which can provide relief for osteoarthritis sufferers.

New Vision Biotech will use Commercialisation Australia funding to test the commercial viability of an economical, natural, non-toxic, and environmentally friendly way to produce chondroitin sulphate using CSIRO developed technology.