Thursday, August 27, 2009

Kraig Biocraft Laboratories, Inc. (KBLB.OB) Focused on Entering the $92 Billion Market for High-Performance and Technical Fibers

Kraig Biocraft Laboratories, Inc., a biotechnology company focused on the development of commercially significant polymers and high performance fibers, invests in genetic research and targeted product development to create innovative near-term solutions to meet the practical problems of our world. The company is currently working in cooperation with university scientists and laboratories to create new polymers with potentially broad applications for consumers and industry in the $92 billion marketplace for high-performance polymers.

Kraig Biocraft Laboratories develops collaborative relationships with leading universities and funds university scientists and laboratories to create technologies with significant commercial applications through the Kraig Research Initiative. As a part of this program, the company has licensed university intellectual property in the fields of genetics and genetic engineering.

The company sponsors and collaborates on research within various universities’ genetic engineering laboratories. In 2007, Kraig Biocraft Laboratories signed an intellectual property and collaborative research agreement with the University of Notre Dame. Since that time, the company has been a proud sponsor of scientific research and development within the university.

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