Johns Hopkins Spinoff Circulomics Wins $800K Grants

Circulomics Inc has been awarded two Small Business Innovative Research (SBIR) Phase I awards, totaling $800k over 2 years, to develop its Ligo-miR microRNA assay technology and PicoSep single molecule analysis instrument. These awards were made through the National Institutes of Health’s (NIH) SHIFT initiative. They foster the transformation of academic scientific discoveries into commercial products and feature substantially larger scope than typical SBIR Phase I awards. According to Circulomics CEO Dr. Kelvin Liu, “We see a critical market need for new molecular assays that are not only powerful in nature but also cost effective and easy to use. Winning two such highly competitive awards validates both the novelty of our technologies as well as the new thinking with which we are approaching the market.”

Read Full Article Here: http://www.pehub.com/176892/circulomics-wins-award/

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