(Virtual) funding for promising life sciences concepts

Boston Globe 6/5/10: (Virtual) funding for promising life sciences concepts.  This week's third annual Massachusetts Life Sciences Innovation Daywas organized by the Massachusetts Technology Transfer Center, the Mass Biotech Council, and Anupendra Sharma, an investor at the Boston office of Siemens Ventures. The three technologies that attracted the most backing from participants received cash prizes, with the winner getting $1000. In first place was Diagnostics for All, a new non-profit spawned from George Whitesides' lab at Harvard that is developing paper-based diagnostics. The runner-up was Hybergenica, another start-up with Harvard roots; they're working on a liquid solution called Somah that can slow down the deterioration process of organs awaiting transplantation. And in third place was Annovation Biopharma, a Wayland-based start-up that is developing a fast-acting form of anesthesia called Rapidate. Annovation's genesis was in research done at Mass. General Hospital.

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