Navigation Links
Life Sciences Discovery Fund makes grants to commercialize health-related technologies
Date:12/17/2012

SEATTLE, Washington, December 14, 2012 The Life Sciences Discovery Fund (LSDF) today announced over $1 million in five awards to support commercial development of new health and health-care products within both the non-profit and for-profit sectors in Washington.

Two of the five new grants were made under the 2012 Commercialization grant competition and focus on promising diagnostic technologies developed in the state's non-profit research organizations. Gerard Cangelosi of the University of Washington will develop and evaluate a rapid test to detect health care-associated infections. Nathan Sniadecki of the University of Washington will create a prototype device to assess risk of internal bleeding in trauma patients.

Two awards were made under the 2012-2013 Proof of Concept granting program to help position early-stage Washington companies for private equity investment. Epoch Medical Innovations, Inc. (principal investigator Michael Ballas) will develop a system that improves the fit and comfort of prosthetic legs by automatically adjusting to volume changes in the residual limb. Crux Medical Innovations (principal investigator Bob Clements) will create a prototype device to enhance quality, yield, and speed of gastrointestinal biopsy collection, with the ultimate aim of improving disease diagnosis.

The fifth award provides additional funding to advance commercialization of technology developed through one of LSDF's previous grants. Daniel Chiu of the University of Washington has created an assay that would allow doctors to detect signs of cancer recurrence early to improve survival. The new funding will support validation of novel technology to further increase the test's sensitivity and better position the team to commercialize the product in Washington.

"We are pleased to use our funding to not only improve the diagnosis and treatment of serious medical conditions, but also catalyze the flow of dollars into our state and promote the development of Washington's life sciences corporate community," stated LSDF executive director John DesRosier.

The LSDF Board of Trustees made the final award selections following review of grant proposals for scientific and technical merit, commercial potential, and possible health and economic benefits.

Lura Powell, chair of the Board of Trustees, explained the rationale behind LSDF's strategy of funding research and development at both non-profit and for-profit organizations. "This coordinated approach serves to push promising discoveries out of our first-rate research institutions and into companies, and also help those companies thrive in Washington so that our state can reap the economic and health benefits associated with commercialization."


'/>"/>
Contact: Cathy Manner or Alden Jones
alden@lsdfa.org
Life Sciences Discovery Fund
Source:Eurekalert

Related medicine news :

1. Washingtons Life Sciences Discovery Fund awards commercialization grants
2. Hutchinson Center president elected to American Academy of Art and Sciences
3. Ivy Neurological Sciences Internship program funded at TGen
4. UT MD Anderson President Ronald DePinho elected to National Academy of Sciences
5. UCSC physicist Alexander Sher named Pew Scholar in the Biomedical Sciences
6. Novel Natural Sciences Repository Opens Web Portal
7. New Anthropology and Archaeology Resources Published at Sciences Social Network
8. Natural Sciences Repository Publishes Chromatography and Acidic Compounds Resources
9. Lauren Sciences LLCs research team at Ben-Gurion University awarded Campbell Foundation grant to develop a V-Smart therapeutic for neuro-HIV
10. Life Sciences Discovery Fund makes company grants in health-related technologies
11. Wits Health Sciences Research Day and PG Expo promises to showcase health through research
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/27/2016)... ... May 27, 2016 , ... More than a third of American adults are ... bariatric surgery has received increased attention in recent years, as an article ... to weight loss, most people are familiar with the basic requirements of maintaining a ...
(Date:5/27/2016)... ... , ... W.S. Badger Co. Inc ., the maker of certified organic ... one of the best small businesses for new dads by Fatherly, the digital lifestyle ... providing progressive benefits to new parents on the organization’s 2016 Best Places to ...
(Date:5/27/2016)... ... May 27, 2016 , ... This campaign aims to provide a ... as a society can control and change. , As nearly 795,000 Americans suffering from ... within the United States. Plus, with an estimated 129,000 of these people dying from ...
(Date:5/27/2016)... Killeen, Texas (PRWEB) , ... May 27, 2016 , ... ... with satisfying Army body fat composition regulations. This is the first time that ... are normally screened at least every six months to ensure they meet the prescribed ...
(Date:5/27/2016)... , ... May 27, 2016 , ... ... scholarships to students studying complementary medicine. Allison Outerbridge is this year’s Life ... award on May 18 at the university’s Student Leadership Awards ceremony. , Outerbridge ...
Breaking Medicine News(10 mins):
(Date:5/27/2016)... Amarantus BioScience Holdings, Inc. ... Regenerative Medicine, Neurology and Orphan Diseases, today announced that President & ... upcoming investor conferences: SeeThru Equity MicroCap Conference   ... New York City , NY When: Tuesday, May ... Conference   Where: Grand Hyatt Hotel, 109 East 42 ...
(Date:5/26/2016)... May 26, 2016   Change Healthcare ... analytics, network solutions and technology-enabled services designed ... entered into a strategic channel partnership with ... software solutions and revenue cycle management services ... and rehabilitation clinics to optimize revenue, operational ...
(Date:5/25/2016)... HILDEN , Germany and ... QIAGEN N.V. (NASDAQ: QGEN ; Frankfurt ... into a licensing and co-development agreement with Therawis Diagnostics GmbH ... project will be to develop and market PITX2 as a ... and other high-risk breast cancer patients. "We are ...
Breaking Medicine Technology: