Renaissance BioScience Corp. to Receive Research Funding from the Government of Canada

    VANCOUVER, BC, February 29, 2016 /24-7PressRelease/ -- Renaissance BioScience Corp., a leading global yeast technology company, is pleased to announce that it will receive a non-repayable contribution of up to $50,000 from the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP) for research and development supporting the company's program in developing novel biofuel yeast strains.

"We are pleased to receive funding and advisory services from NRC-IRAP in support of our innovative biofuel yeast strain R&D program," said Dr. Matthew Dahabieh, Head of Research of Renaissance BioScience Corp. "Our novel approach to developing biofuel yeast strains with superior properties has the potential to deliver a valuable addition to the global energy marketplace and we thank NRC-IRAP and the Government of Canada for its support of our work."

About Renaissance BioScience Corp.
Renaissance BioScience Corp., a leading global yeast technology company based in Vancouver, Canada, is a privately held applied life sciences company that develops yeast-based platform technologies to solve industrial efficiency and consumer health problems in the food, beverage, alcohol, biofuel and pharmaceutical industries. The wholly owned commercial subsidiaries of Renaissance BioScience Corp. include Renaissance Yeast Inc., which commercializes H2S-preventing wine yeast; Renaissance Ingredients Inc., which commercializes acrylamide-reducing baker's yeast; and Bright Brewers Yeast Inc., which commercializes beer yeast technologies. Detailed information about the Renaissance group of companies can be accessed at www.renaissancebioscience.com.

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