
Taiga BioActives Launches National TV Campaign to Support Dr. Krane's KoolLips®
Calgary, AB – January 20, 2009 – Calgary based Taiga BioActives Inc. today announced that it has been awarded a grant under the Alberta Bio-based Processing Incentive Grant Program. The grant is funded through the Agricultural Policy Framework (APF), a federal-provincial-territorial
initiative that aims to make Canada the leader in food safety, innovation and environmentally responsible agriculture production. The funds will be used to advance Taiga’s product portfolio and production capabilities to support new product introductions in personal care and other markets.
The Company’s core technology platform leverages plant-derived extracts and active ingredients from Geranium plants, to deliver high performance, natural treatment options for a variety of health conditions. The Company has two commercial products, Dr. Krane’s KoolLips® and Korner’s Cold
Sore Remedy, selling in leading retail pharmacies across Canada, and all the operational elements in place to manufacture, distribute, market and sell consumer products in Canada.
“Few Canadian companies at this stage possess the combined technology breadth and commercialization infrastructure of Taiga”, says John Hiebert Taiga’s President & CEO. “With the roll-out of our new brand, Dr. Krane’s KoolLips® underway, we are looking to add new products that can be directly commercialized through our established commercialization infrastructure”, adds Hiebert.
“The APF grant is a valuable resource for Taiga to begin to lay the foundation for future product introductions”, says Dr. Nancy Markley, principal of Tech Avenue Ventures, who led the funding initiative on behalf of Taiga. “The Company has many promising avenues for development and we look forward to working with Taiga to achieve its goal of bringing new innovative solutions tomarket”, adds Markley.
About Taiga BioActives Inc.
Headquartered in Calgary, Alberta, Taiga is an innovative bioscience company committed to scientifically, and ethically harnessing nature to create pure, natural active products and solutions that make a positive impact in the lives of personal care consumers. Taiga is known for its specialty natural health products incorporating plant-sourced actives ingredients for the treatment of a variety of oral and topical skin care problems. The Company’s
natural plant extracts have been scientifically validated and the formulations optimized to deliver highest quality and performance.
Taiga is developing a suite of specialty natural products for personal care, over the counter and prescription markets. The company is committed to bringing innovative natural treatment options to consumers who are seeking safer more effective solutions to everyday problems. These products
are marketed in retail channels through Taiga BioActives Inc. in association with leading distributors across Canada.
For more information on Taiga BioActives, please contact John Hiebert, President & CEO
(johnh@taigabioactives.com; 403-717-0776) or visit www.taigabioactives.com
About Tech Avenue Ventures Corp.
Tech Avenue Ventures Corp, incorporated in December 2005 and based in Calgary, Alberta, is a venture development company focused on accelerating the commercialization of high value consumer and medical products. Tech Avenue Ventures is leveraging its life sciences management
and core expertise in the areas of sales and marketing, research and development, manufacturing, and intellectual property to guide the development and commercialization process and build profitable companies. More information can be accessed at www.taventures.ca.
For more information on Tech Avenue Ventures Corp, please contact Nancy Markley, Principal & Co-founder (markley@taventures.ca; 403-988-7940)
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