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April 3rd, 2009

Seven Maryland startups get TEDCO funding

Abstract:
The Maryland Technology Development Corporation (TEDCO) says seven Maryland technology companies have received $512,637 total in funding.

Chesapeake Micro Products, LLC; Fyodor Biotechnologies, Inc.; Green Eyes, LLC; Rafagen, Inc.; SD Nanosciences, Inc.; Tendyne Medical, Inc.; and Vorbeck Materials Corporation, each received approximately $75,000 from TEDCO's Maryland Technology Transfer Fund (MTTF).

SD Nanosciences, Inc., located in Beltsville, Md., is working with the University of Maryland College Park to further develop patent-pending carbohydrate-functionalized nanomaterials.

Their vesicle technology, Targeted Delivery Vesicles, encapsulates and target drugs and can be stored and shipped as a stable liquid at room temperature.

SD Nanosciences also has demonstrated their TRIAD technology which uses gold nanoparticle presenting carbohydrates capable of eliciting a potent IgG response directed against polysaccharide and generate a maximal antibody response.

Source:
techjournalsouth.com

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