Oberon FMR, Inc., has won the fourth annual Dorsey & Whitney Venture Showcase Award at the 2008 BioWest Conference & Expo in Denver. The announcement is made by Christine Shapard, Interim Executive Director of the Colorado BioScience Association (CBSA), who says the $10,000 Venture Showcase award was provided by the Dorsey & Whitney law firm and announced at the Colorado Bioscience Association (CBSA) 2008 Awards Dinner.
Denver, CO (PRWEB) November 19, 2008 -- Oberon FMR, Inc. (Idaho Springs, CO) won the fourth annual Dorsey & Whitney Venture Showcase Award at the 2008 BioWest Conference & Expo. The announcement is made by Christine Shapard, Interim Executive Director of the Colorado BioScience Association (CBSA), who says the $10,000 Venture Showcase Award was provided by the Dorsey & Whitney law firm and announced at the Colorado Bioscience Association (CBSA) 2008 Awards Dinner.
Oberon FMR is preparing to produce a cost-effective, sustainable protein meal to serve as a replacement ingredient for fish meal in the production of feeds for the aquaculture industry - a consumer of more than $4 billion in fish meal. The company has developed the only known economically attractive process for producing high quality single cell protein (SCP) meal from un-utilized food processing by-products. A preliminary patent application has been filed with the USPTO, protecting this solution with claims on both process and business methods for the production of nutritional SCP. The experienced management team has begun establishing long-term relationships with existing food and beverage processors as a material source. On the customer side, they are conducting feeding trials with several species with large feed manufacturers. The company has raised $900,000 to date. For more information, visit http://www.oberonfmr.com.
Oberon competed against five other companies for this honor. Additional finalists included Accuthera LLC (Conifer), Aqueous Biomedical Inc. (Colorado Springs), Bioptix LLC (Boulder), ImmunoGenetix Therapeutics, Inc. (Lenexa, Kansas) and Snoasis Medical (Denver).
According to Shapard, finalists had 10 minutes to present their technologies and business plans to a panel of bioscience venture capitalists, followed by a question and answer period. The venture capitalist panelists included: Michael Masterson, Bay City Capital; Mike Weiner, Dorsey & Whitney; Paul Mieyal, Wexford Capital; Dan Mitchell, Sequel Ventures; and Jeanette Welsh, Telegraph Hill Partners.
Additional awards presented at the CBSA Annual Awards Dinner included:
- Lifetime Achievement - Jay Gershen, DDS, PhD
- Company of the Year - CaridianBCT
- Rising Star - Sierra Neuropharmaceuticals
- Volunteer of the Year - Chris Lepore
- Partner of the Year - Cooley Godward Kronish
- Educator of the Year - Brenda Dempsey
- Chairman's Award - Governor Bill Ritter, Jr.
- Chairman's Award -- Denise Brown
About Colorado BioScience Association
CBSA is a not-for-profit corporation providing services and support for Colorado's growing biosciences industry. With more than 400 members, the CBSA actively works to promote the growth of the industry by advocating for a better business environment, by promoting programs that grow the state's bioscience workforce, by fighting for policies that support a strong bioscience industry in the state and by speaking with a single voice on behalf of the companies in the state. For more information, visit http://www.cobioscience.com.
About Dorsey & Whitney LLC
Dorsey's patent group lawyers combine their expertise in patent law and business acumen with their solid technical backgrounds to provide their clients the advice they need to stay competitive in global and regional marketplaces. Dorsey attorneys are committed to helping their clients maintain that competitive edge by advising them on the most effective methods for protecting their technology and assisting them in patent portfolio strategic issues, patent preparation, prosecution, licensing and related activities in patent offices in the U.S. and around the world. For more information, visit http://www.dorsey.com.
Contacts:
Christine Shapard, Interim Director, Colorado BioScience Association -- 303-592-4089
Randy Swenson. Chief Executive Officer, Oberon FMR, Inc., 720-488-4725
Maggie Chamberlin Holben, APR, Absolutely Public Relations http://www.absolutelypr.com -
303-984-9801
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