Four Madison biotech companies chosen as emerging companies

Four Madison biotech companies chosen as emerging companies

MADISON – BioForward has selected the six Wisconsin biotechnology companies for the first Emerging Company Showcase. The showcase is part of the Biotechnology Vision Summit 2009, hosted by BioForward. The companies were chosen because they have transitioned successfully out of the laboratory, with good proof of concept for their products. They have also all been in business for less than four years and are at the pre-commercialization stage, but have made progress towards bringing their products to market. Each was judged to have a unique value proposition.
The companies based in Madison that were selected were AquaMost LLC, Echometrix LLC, Semba Biosciences Inc. and Flex Biomedical Inc. The other companies chosen were Invivosciences LLC, of Wauwatosa, Wis. and Rapid Diagnostek Inc., of Hudson, Wis. In addition to the honor of being chosen for the first Emerging Company Showcase, the companies receive complementary registration, high visibility exhibit space and recognition at one of its large plenary sessions.
“We are delighted to recognize the first six participants in BioForward’s Emerging Company Showcase,” said Bryan Z. Renk, executive director of BioForward. “Together, these six companies represent the breadth and depth of innovative companies that continue to emerge in Wisconsin’s growing biotechnology industry.”