Thursday, December 5, 2013

Anschutz & Aurora: 'Aurora groups score grants to help move science from research to market'

Quoting from the article by Brandon Johansson:

"Last month, the Colorado Office of Economic Development and International Trade announced more than $3 million in grants aimed at helping academic researchers and bioscience companies take research from labs like those at Skaggs to market...

...At CID4, which stands for Colorado Institute for Drug, Device and Diagnostic Development, the grant totaled more than $1.3 million. The agency helps early stage bioscience companies get their companies off the ground and, according to OEDIT, the money will “support operations and the development and management of life-science discoveries.”

Kevin Smith, CID4’s executive director, said the grant shows that the organization, which now has eight companies in its portfolio, is having success...

...April Giles, president and CEO of the Colorado BioScience Association, said that from the industry’s perspective, the grants are hugely important because they can bridge that gap between the research lab and the market place."

Link to the Aurora Sentinel

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