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Mass High
Tech - September 23, 2008
U.S.
Genomics takes in $4.5M for infectious disease diagnoses
Mass High
Tech
U.S. Genomics received
$4.5 million from medical products manufacturer and supply firm Becton,
Dickinson and Co. (BD) and has begun a collaborative agreement to develop
a new diagnostic platform for infectious disease.
The partnership is
based on the use of Woburn-based U.S. Genomics single-molecule infectious
disease detection system, DirectLinear Analysis (DLA). The company stated
its DLA process can identify the type of pathogens, drug resistance and
power of the infectious agent in a few hours. The technology was partially
funded by the National Science Foundation, Defense Advanced Research Projects
Agency grants and the U.S. Department of Homeland Security (DHS). The
technology cost more than $50 million to develop, the company said.
In July, DHS awarded
U.S. Genomics a $9.1 million contract to further develop a bioterror sensor
based on its technology platform.
U.S. Genomics has
developed a series of products to sequence DNA and analysis cellular material.
Its GeneEngine mimics natural cell division, which reads and copies DNA.
U.S. Genomics now focuses on developing applications using single-molecule
analysis. The firm was founded by brothers Eugene Chan and Ian Chan and
now employs 79 workers. Craig Venter, founder of The Institute for Genomic
Research, sits on the companys board of directors.
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