StabiLux receives funding for high-brightness fluorophore development
StabiLux Biosciences, a company founded by Michigan Technological University (Houghton, MI) physics professor Yoke Khin Yap, has been awarded more than $650,000 to support commercialization of high-brightness fluorophores for use in multicolor flow cytometry for medical diagnostics and analysis.
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The funding comes from America's Seed Fund, powered by the National Science Foundation (NSF) Small Business Innovation Research/Small Business Technology Transfer (SBIR/STTR) program and the Invest Michigan's University Commercialization Fund (UCF), which provides funding to early-stage companies for the commercialization of technologies originating from Michigan's 15 public universities.
The company was awarded a $600,000 grant from NSF-STTR phase II to commercialize the technology by conducting research and development for biomedical applications. It will commercialize its high-brightness fluorophores under the registered trademark of NovoLux.
For more information, please visit stabiluxbiosciences.com.