TGN: Local R&D company approaches production with USF tech

A local research and development company has exclusively licensed technology from University of South Florida. TransGenex Nanobiotech Inc. wants to use the so-called "3D tumor cell" technology to improve cancer research. The aim is faster drug discovery and cheaper, speedier cancer treatments. The Tampa-based company is moving toward product manufacturing stage. "Our dream is to use the latest technology ... to help improve the quality of life for millions of people," said Shyam Mohapatra, TransGenex…