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Gulf Coast Regional Center of Innovation and Commercialization and Houston Technology Center Announce Recipients of TETF Awards
Date:9/29/2010

HOUSTON, Sept. 29 /PRNewswire/ -- The Gulf Coast Regional Center of Innovation and Commercialization (GCRCIC) is pleased to announce three companies who will receive up to a total of $2.9 million in commercialization awards from the Texas Emerging Technology Fund (TETF).  

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The TETF program was established by Gov. Perry and the Texas Legislature in 2005 to attract the best scientists and researchers to Texas, increase high-paying jobs, and help start-up companies get off the ground faster.

"The ETF was created to strengthen our state's high tech economy by supporting promising cutting-edge technologies during the critical phase between earliest innovation and market viability," Gov. Perry said. "I applaud everyone involved in these worthy endeavors and look forward to the day when we can say the cure for drug resistant bacteria, a cost and life-saving treatment plan and a successful treatment for ovarian and possibly breast cancer were all developed to maturity here in Texas."

"These innovative companies are prominent examples of how the TETF supports Houston's transformation as a global hub of technology innovation and commercialization," said Walter Ulrich, president and CEO, Houston Technology Center.  "We are committed to accelerating the award winners to bring their technologies to Texas—and the world—as quickly as possible."

The latest TETF award recipients include these HTC client companies:

AuricX Pharmaceuticals, Inc., is a pharmaceutical development company based in Houston.  AuricX is focused on the development and commercialization of novel anti-infectives to treat infections arising from Stap
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SOURCE Houston Technology Center
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