Biotechnology

Provincial Investment Supports Commercialization of Leading-Edge Molecular Diagnostic Screening Technology

Published in Biotech Business Week, August 8th, 2011

2011 AUG 8 -- Xagenic Inc., one of MaRS Innovation's (MI) portfolio investments, was awarded $1-million in funding by Ontario's Ministry of Research and Innovation (MRI) through its Investment Accelerator Fund-Life Sciences (IAF-LS) program. The announcement was made at MaRS by Research and Innovation Minister Glen Murray.

"The announcement will go a long way in helping us to commercialize a technology that will ultimately shape the future of diagnostic testing - instead of waiting days for results, doctors and patients will only need to wait minutes," said Dr. Shana Kelley, Founder of Xagenic Inc. and Professor from the Leslie Dan Faculty of Pharmacy and...

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Source: Biotech Business Week (2011-08-08)

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