MassHighTech
September 29, 2003
U.S. Genomics wins $500K
Phase II SBIR grant
Woburns U.S.
Genomics, a privately held developer of single molecule analysis technologies
for the life sciences industry, has received a Phase II SBIR grant from
the National Science Foundation.
The $500,000 grant
will be used to advance the development of the company's technology
for rapid DNA analysis and genomic mapping. U.S. Genomics says it anticipates
that under this grant it will advance the development of the platform's
capabilities as well as develop specific life sciences applications
that will position the technology for commercialization.
"This follow-on
SBIR grant is further validation of our genomic mapping technology and
will provide us with the funding to accelerate our development efforts,"
said Stephen P. DeFalco, chairman and chief executive officer of U.S.
Genomics, in a statement. "Our technology is a unique tool for
genomics researchers because of a combination of features - single-molecule
sensitivity, capability to analyze very long DNA molecules, ultra high
throughput, and the ability of the platform to identify and map key
sites of interest rapidly."
In October 2002,
U.S. Genomics was awarded a Phase I SBIR grant to generate genomic maps
based on analyses of individual DNA molecules. The company will use
the new Phase II grant to further the capabilities of the DNA platform
by optimizing its nanofluidics, developing novel fluorescence detection
strategies, and designing simpler and more rapid methods to prepare
and isolate samples.