Event: TNG Pharmaceuticals, winner of the 2011 Global Venture Labs Investment Competition, will visit the NASDAQ MarketSite in New York City’s Times Square Friday, June 3, to ring the closing bell.
The team from the University of Louisville beat 37 other student teams from around the world for the title of Global Champion at the May 6-7 competition at The University of Texas at Austin. This marks the ninth consecutive year that the Global Champion has closed the market at NASDAQ.
Where: NASDAQ MarketSite, 4 Times Square (43rd and Broadway)
When: Friday, June 3, 3:45 p.m. to 4 p.m. EDT
About the Global Venture Labs Investment Competition: The Global Venture Labs Investment Competition, dubbed “the Super Bowl of business plan competitions” (formerly Moot Corp), is the premier worldwide investment competition for graduate students, hosted annually at The University of Texas at Austin. Started by MBA students in 1984, the competition, which simulates the process of raising venture capital, is the oldest new venture competition in the world.
The 2011 winner, TNG Pharmaceuticals from the University of Louisville, developed a revolutionary vaccine that will alleviate the negative impact of the horn fly, considered the most health depleting and economically damaging pest of cattle. FlyVax is targeted to reduce the number of horn flies per cow, leading to increased farmer efficiency, production and lower pesticide use.
Feed Information: The entire Closing Bell is available from 3:50 p.m. to 4:05 p.m. EDT on AMC-3/C-3 (dl 3760H). The feed can also be found on Ascent fiber 1623. If you have any questions, please contact Jen Knapp at 212-401-8916.
Webcast: A webcast of the NASDAQ Closing Bell will be available at: http://www.nasdaq.com/about/marketsitetowervideo.asx or http://social.nasdaqomx.com.
Photos: To obtain a hi-resolution photograph of the Market Close, go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market close of your choice.