SP Scientific Signs License Agreement with Praxair - P10 (NYSE:PX)

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Praxair, Inc. (NYSE: PX) has announced that SP Scientific has signed a license agreement to utilize Praxair's ControLyo nucleation on-demand technology, which provides pharmaceutical and biotechnology companies with precise control over the freeze-drying process for drug developmental efforts. Praxair's breakthrough technology was developed to specifically control the freezing step of lyophilization, a method of drying pharmaceuticals whereby the material is frozen and then warmed in a vacuum so that the ice vaporizes. Until now, this freezing step of lyophilization was uncontrolled due to the random nature of the nucleation or crystal-forming process.

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