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Renovar captures $1.2M for product development

Madison, Wis. - An early-stage company developing diagnostics to test for kidney disease is preparing to use $1.22 million in private investments to secure federal clearance for its first clinical product.

Renovar, Inc., which has raised a total of $3.2 million since its inception in 1999, will use the proceeds from its second financing rou......

Full article >>> ing used in research settings, involves a proprietary buffer that enables scientists to detect protiens that appear in urine and could indicate inflammation or injury.

"That gives us a window into the disease state of the kidney," Hedberg said.

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Source:wistechnology.com By Chris Fleissner 11/30/06


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