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Fluidigm Receives CIA Venture Funding to Develop Microfluidics for DNA Detection

NEW YORK, Nov. 23 (GenomeWeb News) - Fluidigm has received funding from a CIA-funded venture group to develop new microfluidics technology for DNA detection, the company said yesterday.

 

In-Q-Tel, the not-for-profit venture group, will pay South San Francisco-based Fluidigm upfront and milestone fees and make an equity investment in the company. The funding will help Fluidigm to develop its integrated fluidic circuits technology, which can be used to collect and analyze DNA sequence information.

 

Fluidigm plans to develop two different IFC architectures, one that improves detection sensitivity, and another one that will enable users to detect specific sequences with high confidence using less sample.

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