Microscopy Innovations was awarded a $150,000 Phase I Small Business Technology Transfer (STTR) contract by the U.S. Army Medical Research and Material Command, the company announced today.
According to a release, the Marshfield, Wis.-based biotech company, with facilities in Madison, plans to use the funds to develop an integrated system for field, clinic and laboratory preparation of biological specimens for microscopy.
“As a life science tools company, we are excited about this opportunity from the U.S. Army to develop technology solutions with a positive impact for researchers and clinicians,” Microscopy Innovations CEO Mark T. Nelson said in a statement.
Microscopy Innovations is the developer of the mPrep System for preparing microscopy specimens. Several team members, including Dr. Jorge Osorio and Benjamin August, work at the University of Wisconsin.
STTR contracts are used to stimulate technological innovation by small businesses and assist them in converting innovative technology into marketable products.