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German Government Awards Functional Genomics Firm 803,000 Grant

Mar 21, 2002

NEW YORK, March 21 - German functional-genomics company Xantos on Thursday said it has won an €803,000, or roughly $708,000, government grant.

 

The Bavarian State Ministry of Economics, Transport, and Technology awarded the company the cash to help it develop its high-throughput functional genomics system, Xantos said. The award, which will be doled out over three years, is part of the Bavarian Technology Promotion Program.

 

Xantos was founded in July 1999. It is based in Martinsried.

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