CTD Holdings Inc., of High Springs, Florida, has recently signed a letter of intent to gain majority share in the Budapest-based Cyclolab Research and Development Laboratory Kft. CycloLab is the world's largest cyclodextrin research and development laboratory. A pioneer in cyclodextrin research and development since 1972, the founder, Prof. Dr. József Szejtli, and his staff have been working on the field of pharmaceutical, cosmetic and food industry, agrochemical, environmental and analytical applications of cyclodextrins. Recent studies revealed such a broad versatility in their application, that they can be considered as a new group of industrial basic materials. (MH 12) P.O.