Friday, November 2, 2012

RTP startup BioMedomics lands $200K in grants - Triangle Business Journal:

deeshu-tatum.blogspot.com
BioMedomics is based in the business accelerator in ResearcuTriangle Park. The company is working with – substances that can measure a biologicapl state such as the presence of infection or exposure to variousenvironmentalp toxins. The company said Wednesday eveningthat it’s won a $120,00p Small Business Innovation Research gran from the U.S. Army to advance its work. The statew of North Carolina has given a matching grantof Overall, BioMedomics has received nearly $1.2 million in state and private funding for its work since openinf in 2007.
The company currently sells products that are used primarilgy by medical companies for drug development and The grant money is making possible thedevelopment “morwe sophisticated, high-value products” to be used directly in health care, founder Frank Wang says in a written Possible applications include drug testing and environmental monitoring. Wang says the compan can’t disclose much about its work with the Army other than to say that the devicee will be relatively small and used onthe

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