Platypus Technologies awarded $600K federal grant

Platypus Technologies awarded $600K federal grant

Madison, Wis.Platypus Technologies, a Madison-based life sciences nanotechnology company, has been awarded a Phase I Small Business Innovation Research grant for $600,000 from the National Institute of Allergy and Infectious Diseases.
The funds will be used to develop hepatitis screening assays that can simultaneously detect multiple proteins from a single sample. The assays will use the company’s liquid crystal-based technology for rapid detection of molecular interactions.
To date, Platypus Technologies has received over $15.5 million in federal funding to develop nanotechnology products for the physical and life sciences. The company, which is developing several “nano-based” technologies for use by researchers, employs 21 people and is located in the Fitchburg Technology Campus.
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