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Oversight Committee approves eight product-development supplemental grants; authorizes advanced payments for awardees
Summary
The oversight committee approved eight supplemental product development awards (one taken separately because of a reported conflict) and authorized advance disbursement of funds for the approved companies under the General Appropriations Act provision cited by staff.
The CPRIT Oversight Committee approved eight supplemental product development awards recommended by the Program Integration Committee and authorized advance disbursement of grant funds to the awardees upon contract execution and tranche completion.
Chief Product Development Officer Ken Smith described the supplemental round, noting the cycle used previously funded companies to accelerate progress. The slate included companies working on monoclonal antibodies (OR502), AI radiation therapy planning (InForm AI),…
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