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MSU technology spin-out company to market portable biohazard detection
Date:1/27/2012

ge life science and technology companies.

"Our task was to find promising technologies, identify strong management and support with investment dollars," MAF-1 managing director Dale Grogan said. "We reviewed literally hundreds of technologies developed within MSU and determined that this particular technology best fit our investment model. We are excited about nanoRETE's future and hope this is the first of many companies we help develop with MSU."

MSU Technologies, the office that manages technology transfer at MSU, was actively involved in licensing the technologies to nanoRETE. In addition to other grants, the technologies earned funding from the MSU Foundation to continue development across the financial "valley of death" between research and commercialization.

"We have had great faith that Dr. Alocilja's work in nano-scale detection would be a very successful platform on which to start a new company," said Charles Hasemann, executive director of MSU Technologies. "MAF-1 has been a great partner in building nanoRETE. With its partnership and investment, we expect to move rapidly to a marketable product."


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Contact: Sandy Cameron
camer101@msu.edu
517-884-1828
Michigan State University
Source:Eurekalert  

Page: 1 2

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