Human Genetic Signatures receives NSW Govt. Proof of Concept Grant For Life Science Companies

Human Genetic Signatures

10 November 2008: Human Genetic Signatures receives NSW Govt. Proof of Concept Grant For Life Science Companies

10 November 2008

Minister for State Development and Acting Minister for Small Business Ian Macdonald today announced nearly $1 million in grants to help innovative life science companies develop and commercialise new research projects, with Human Genetic Signatures receiving $100,000.00 to develop technology to allow doctors and small hospital laboratories to conduct rapid tests to detect infectious diseases, including methicillin-resistant staphylococcus aureus (MRSA). The technology will allow cost-effective swab or blood analysis to be done in a machine the size of a microwave oven within two hours, replacing traditional methods that can take 1-2 days, and allow physicians to prescribe antibiotics faster and more accurately. 
 
Mr Macdonald said 10 grants have been awarded from the Department of State and Regional Development’s (DSRD) BioBusiness Proof of Concept program.
 
“This program helps life science companies develop their research to early stage commercialisation while at the same time stimulating innovation and productivity in the State's life science industry,” Mr Macdonald said. 
 
Click here to read the full press release.

 

 

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(Scientific research) is... a voyage of discovery into unknown lands, seeking not for new territory but for new knowledge, it should appeal to those with a good sense of adventure

Frederick Sanger