|Published:||Nov 19, 2012 3:53 PM EST|
|Updated:||Nov 19, 2012 6:09 PM EST|
LEE COUNTY, Fla.- VR Labs has come up with a potential product to treat yeast infections. VR is under a deadline to prove to Lee County that it has hired a certain number of people. The company is supposed to bottle health drinks in Lee.
"I think it is fantastic that they have a new product. We should all be pleased about that. But the question of accounting for the public money, that still must be looked at," said Larry Kiker, who will be sworn in Tuesday as a Lee County Commissioner.
VR received 5 million taxpayer dollars to start up the bottling operation in Lee. It says it has been held up by a dispute with a contractor, although that contractor is suing VR, claiming it misspent the $5 million.
On Tuesday, Nov. 20., the Lee County attorney will meet with the lawyer for VR Labs. The company could be held in default if it cannot document enough hiring. Under a default action, Lee could try to get back some of all of the $5 million.
Late Monday, WINK News talked by phone with VR's chief executive officer, former Lt. Gov. Jeff Kottkamp. He said, VR is working with Lee on documenting the hiring. He said he would personally not attend the meeting between the county and VR's attorney.
Kottkamp said the yeast infection product would have to go through clinical trials, before being approved for the marketplace. He said it would be most likely that VR would partner with a major pharmaceutical company to produce and sell the infection remedy. He said he could not predict that the remedy would be manufactured in Lee County.