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Life Sciences Company Sword Diagnostics Moves Operations to Chicago
Date:4/26/2010

University Technology Park at IIT Continues 2010 Growth

Chicago, IL (Vocus) April 26, 2010 -- Sword Diagnostics, Inc., committed to improving healthcare through the use of innovative detection technology, today announced the relocation of its corporate headquarters and research facilities to accommodate planned growth. Double the size of its current space in the suburbs, Sword’s new location at University Technology Park at IIT (UTP) in Chicago marks its shift from start-up venture to growth-stage commercial entity.

Sword launched its proprietary biological detection system in January 2010, closely following the issuance of the company’s core patent. Developed for ultra-sensitive immunoassays, the technology allows greater sensitivity and improved accuracy in disease marker testing, without increasing cost or complexity. Such performance enhancements accelerate gains in basic and clinical research, drug discovery, and clinical diagnostics development, leading to advancements in disease detection.

"This is an important milestone for our company,” said Sword Diagnostics President Dave Dingott. "Our new facility at UTP not only offers more space, better working conditions for the team and access to university resources, but moving from suburban Chicago into the city also improves Sword’s ability to attract top talent with its metropolitan location – all key factors in our continued growth.

"The UTP lease allows us to expand into adjacent suites as the need arises without prematurely incurring costs. Wexford’s flexibility and willingness to part
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Source: PRWeb
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