Navigation Links
Why Texas is #1 in Business: Local BioTech Company Expands
Date:9/5/2012

GEORGETOWN, Texas, Sept. 5, 2012 /PRNewswire/ -- DiFUSION Technologies, Inc. announced today that it has secured $9.3 million in private and public financing: $4.2 million in convertible debt and $5 million in equity financing all from private non institutional investors.  In addition to the corporate financing, the company has announced a grant from the City of Georgetown Economic Development Corporation for $92,000 for the purchase of highly specialized lab equipment.  In return DiFUSION has signed a performance agreement to create 10 jobs over three years.

Founded in 2008, DiFUSION Technologies is an advanced biomaterials manufacturer located in Georgetown, Texas. DiFUSION has developed multiple patented MITA Technologies (Metallic Ion Therapeutic Agents) for antimicrobial, cellular repair, tissue regeneration, bone growth, scaffold construction, and increased angiogenesis.  DiFUSION's first product, CleanFuze™*, was developed as an antimicrobial load-bearing biomaterial for orthopaedic applications and has proven highly successful in animal testing.  CleanFuze™ is currently being scaled up for regulatory approval and commercialization. DiFUSION is dedicated to leveraging these breakthroughs across multiple healthcare channels.

Just three short months after DiFUSION's incorporation in July 2008, the U.S. and worldwide economies collapsed, causing venture capital opportunities to evaporate overnight and a host of potential innovations to be put on hold.  Knowing their new, antimicrobial technology for orthopedic implants posed a solution to one of the most common and expensive problems in the medical arena (SSIs), DiFUSION decided to "bootstrap" their finances, moving forward with research and development - but not without sacrifice.  While $4.2 million was raised through private investors (industry colleagues) over a four year period in order to hit the necessary "A round" milestones on the path
'/>"/>

SOURCE DiFUSION Technologies, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related biology technology :

1. Manipulating way bacteria talk could have practical applications, Texas A&M profs say
2. Life Technologies Plant in Austin, Texas Named One of IndustryWeeks Top Ten Best Plants for 2011
3. CuraLase Expands with New Franchise in Texas
4. CEM President and CEO Delivers Commencement Address at the 2012 University of Texas at Austin Chemistry and Biochemistry Department Graduation
5. Mining cleanup benefits from Texas A&M expertise
6. United States Rocket Academy Welcomes XCOR Aerospace to Texas
7. Worlds smallest semiconductor laser created by University of Texas scientists
8. NSBRI Renews Space Life Sciences Graduate Programs at MIT, Texas A&M
9. Texas Medical Center, the largest concentration of medical research, educational and healthcare organizations in the world, announces the first Houston Stem Cell Summit to highlight the latest stem cell research and commercialization efforts
10. Registration now open: 2012 Regional, State, and Local Initiatives in Nanotechnology
11. Novo Nordisk To Award $80,000 To Local Programs That Help People Living With Diabetes In Detroit As Part Of Educational Initiative
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/26/2014)... 25, 2014 Global biostimulants market ... growing at an estimated CAGR of 12.5%. In ... food products with least ecological impacts, farmers are ... to boost crop yield more effectively & efficiently. ... can improve the return on investments. , Leading ...
(Date:11/26/2014)... DE (PRWEB) November 26, 2014 ... Heroes recognition reception on December 5, 2014, in San ... meeting. The MPN Heroes event will honor clinicians, caregivers, ... field of myeloproliferative neoplasms (MPNs). , Special guest ... discuss his family's cancer journey at the reception. ...
(Date:11/26/2014)... , Nov. 25, 2014 Bio-Techne Corporation ... has appointed Robert Gavin to serve in ... the Protein Platforms Division.  Mr. Gavin will be responsible ... segment, which includes the ProteinSimple business acquired in July ... San Jose, California -based ProteinSimple develops ...
(Date:11/24/2014)... BUENA, N.J. , Nov. 24, 2014  IGI ... Jersey based specialty generic pharmaceutical company, today ... application (ANDA) to the U.S. Food and Drug Administration ... submissions in 2014 to seven, with eighteen submissions now ... Grenfell-Gardner , President and CEO of the Company, commented, ...
Breaking Biology Technology:2019 Biostimulants Market to Grow at a CAGR of 12.5% Says a New Research Report Available at RnRMarketResearch.com 22019 Biostimulants Market to Grow at a CAGR of 12.5% Says a New Research Report Available at RnRMarketResearch.com 32019 Biostimulants Market to Grow at a CAGR of 12.5% Says a New Research Report Available at RnRMarketResearch.com 4CURE Magazine and Incyte to Honor MPN Heroes 2CURE Magazine and Incyte to Honor MPN Heroes 3CURE Magazine and Incyte to Honor MPN Heroes 4Bio?Techne Announces Appointment Of Robert Gavin As Leader Of New Protein Platforms Division 2Bio?Techne Announces Appointment Of Robert Gavin As Leader Of New Protein Platforms Division 3IGI Laboratories, Inc. Announces ANDA Submission 2
... 5 /Xinhua-PRNewswire/ -- China-Biotics, Inc. (OTC,Bulletin Board: ... specializing in the manufacture, research, development, marketing ... third quarter,fiscal 2008 earnings conference call previously ... held at 9 a.m. EST on Wednesday, ...
... DiObex, Inc., a privately held,biotechnology company focused on the ... CEO David Cory will deliver a,corporate presentation at the ... Medical Device Conference in New York,New York. The DiObex ... a.m. at the Grand Hyatt Hotel in the Broadway ...
... EntreMed, Inc.,(Nasdaq: ENMD ) a clinical-stage pharmaceutical ... inflammatory diseases, today,announced that James S. Burns, President ... at the BIO CEO and Investor Conference, to ... Mr. Burns,presentation is scheduled for Tuesday, February 12, ...
Cached Biology Technology:China-Biotics, Inc. Announces Rescheduling of Conference Call to Discuss Third Quarter 2008 Results 2China-Biotics, Inc. Announces Rescheduling of Conference Call to Discuss Third Quarter 2008 Results 3EntreMed to Present at BIO CEO and Investor Conference 2
(Date:11/4/2014)... In nature, the right amount of death at the ... density, according to new research that could help in ... wildlife stocks. , In a paper in the journal ... University researcher and European colleagues conclude that the kind ... a loss of individuals, or mortality, depends on the ...
(Date:11/4/2014)... A newly published research study examining only marketing ... of fast food restaurants has found that the ... disproportionately exposed to such marketing tactics. , Authored ... her colleagues, the study is the first to ... interior and exterior of fast food restaurants and ...
(Date:11/4/2014)... 4, 2014   Neurotechnology , a provider ... the latest version of its fingerprint matching algorithm ... MINEX evaluation organized by NIST. The MINEX ... the INCITS 378 fingerprint standard template format. MINEX ... tenders in the United States ...
Breaking Biology News(10 mins):When less is more: Death in moderation boosts population density in nature 2Fast food marketing for children disproportionately affects certain communities 2Fast food marketing for children disproportionately affects certain communities 3Neurotechnology Places Second in Ongoing MINEX Ranking for Fingerprint Matching Algorithms 2Neurotechnology Places Second in Ongoing MINEX Ranking for Fingerprint Matching Algorithms 3
... and New Brunswick, NJ, November 19, 2007 Raydiance, ... innovative collaboration with Rutgers University and the Musculoskeletal Transplant ... the science of dermal tissue processing. In ... a new type of laser developed on the Raydiance ...
... most of their day sitting with relatively idle muscles. ... activity at least 5 days a week will counteract ... that may result from inactivity. Now, researchers at the ... activity recommendations is emerging. New research shows that what ...
... can pay big dividends to aging baby boomers who want ... division of geriatric medicine at Saint Louis University, in a ... of life as we age. Living well and feeling ... your lifetime is priceless, says Morley, who is coauthor of ...
Cached Biology News:Raydiance collaborates with Rutgers, MTF to develop innovative tissue processing approaches 2MU study finds that sitting may increase risk of disease 2MU study finds that sitting may increase risk of disease 3Eat chocolate, drink wine, add fun to life: SLU geriatrician shares secrets of staying young 2Eat chocolate, drink wine, add fun to life: SLU geriatrician shares secrets of staying young 3Eat chocolate, drink wine, add fun to life: SLU geriatrician shares secrets of staying young 4
... strength adhesive system which facilitates the easy removal ... either side of the frame are of differing ... has an easy release adhesive whereas the reverse, ... bond. This means that when the coverslip is ...
... processing offering reproducibility, reliability and in-built ... automation and massive parallel analysis makes ... many applications in both industrial and ... gene expression profiling, gene regulation and ...
The Piezo Power MicroDissection (PPMD) system is designed for rapid isolation of single cells or small cell areas...
... is a high quality microarray scanner based on ... rejection and spatial resolution. The DNAscope LM ... cost microarray scanner that is upgradeable to a ... Features: Includes control module (computer), ...
Biology Products: