Missouri Technology Corporation Helps to Recruit Life Science Startup to Missouri with IDEA Funds Program
NEWS RELEASE FROM: Missouri Department of Economic Development Date: Thursday, June 27, 2012 JEFFERSON CITY, MO: The Missouri Technology Corporation (MTC) today announced a significant investment in a life science startup company through its IDEA Funds program. MTC made a $200,000 investment in Adaraza BioSystems, Inc, a life science technology company that has developed a disruptive biosensing technology applicable in a wide range of industries including medical diagnostics, life science tools, agriculture, and environmental testing. The startup company will primarily use funds to develop their first commercial products and hire key personnel in St. Louis. [...]