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Boulder, Colo., biotech startup hopes funding will accelerate product launch.

Knight Ridder/Tribune Business News

| August 05, 2004 | COPYRIGHT 1999 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

By Alicia Wallace, Daily Camera, Boulder, Colo. Knight Ridder/Tribune Business News

Aug. 5--For a startup biotech company, it could take five to seven years to research, develop and launch a product.

However, the nearly 2-year-old Efficas in Boulder is hoping to shorten that time to 18 to 36 months. It already has acquired the license to an allergy bioactive that could be launched as early as 2006.

"Obviously, being young like we are, it's important to be able to leverage ourselves among the competition by having key partnerships," said Mark Braman, Efficas president and chief executive officer.

The company plans to discover, develop …

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