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Life Sciences Discovery Fund announces grants

December 18th, 2013

The Life Sciences Discovery Fund (LSDF) today announced $1.1 million in five Proof of Concept grants to Washington for-profit and non-profit organizations to foster the translation of health-related products from the laboratory into the commercial marketplace.

Two of the five new grants will advance rapid testing technologies that were invented within Washington-based companies. HeatFlow Technologies (principal investigator Warren Dinges) will validate the performance of a novel PCR system for diagnosing and managing human diseases, with an initial focus on HIV/AIDS. Photonic BioSystems, Inc. (principal investigator David Putnam) will construct and test a portable device for detecting water contamination by disease-causing microorganisms.

The remaining three awards will promote the transition of promising technologies and concepts out of university settings and into the for-profit sector for commercialization. Amit Bandyopadhyay of Washington State University will test novel joint implant materials that may be safer and more durable than current products. Vincenzo Cirulli of the University of Washington will optimize an assay to screen stem cell therapies for tumor-forming potential in advance of human testing. Joseph Harding of Washington State University will study a new treatment for amyotrophic lateral sclerosis (ALS, or Lou Gehrig's disease) in a preclinical model.

"We continue to see strong interest in the Proof of Concept granting program throughout Washington's life sciences community. Our latest awards are indicative of the high quality of applications we receive each cycle, and we believe that each grantee has strong potential to help make Washingtonians healthier and safer," stated John DesRosier, LSDF executive director.

The LSDF Board of Trustees made the final award selections following review of proposals for scientific and technical merit, commercial potential, and possible health and economic benefits in Washington.

Provided by Life Sciences Discovery Fund

Citation: Life Sciences Discovery Fund announces grants (2013, December 18) retrieved 3 May 2024 from https://sciencex.com/wire-news/148818034/life-sciences-discovery-fund-announces-grants.html

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