FOR IMMEDIATE RELEASE
February 28, 2007
University of Maryland Announces 28 Research Projects to Help Maryland Companies Develop Commercial Products
Projects worth $5.2 million
COLLEGE PARK, Md.— The University of Maryland today announces 28 new research projects partnering Maryland companies with university researchers to develop high-tech commercial products.
Worth $5.2 million, the projects combine $3.2 million from participating companies and $1.9 million from the Maryland Industrial Partnerships Program. Funding goes to participating faculty, who work closely with partner companies to advance their product development.
Two approved projects are related to Homeland Security, while 16 are in the biotechnology market segment. Four universities are participating: the University of Maryland, Baltimore, with seven projects; the University of Maryland Biotechnology Institute, with four projects; Salisbury University, with one, and the University of Maryland, College Park, with 16. Four projects involve Baltimore-based companies. Company partners include 23 start-ups, four small companies, and one medium-sized firm.
Projects approved include:
Baltimore-based Comprehensive Cancer Cells Diagnostics LLC and the University of Maryland, Baltimore ($410,477): clinical studies of the company’s diagnostic service for personalized chemotherapy, which measures a tumor’s resistance to commonly used cancer drugs.