Skip to main content
Premium Trial:

Request an Annual Quote

NCI Offers $10M for SBIR Bridge Awards

NEW YORK (GenomeWeb News) – The National Cancer Institute will pump $10 million in 2010 into Small Business Innovation Research Bridge Awards, which it will use to fund development of cancer diagnostics, therapies, and imaging technologies.

This funding program is used to help small businesses make their way through the funding gap referred to as the "valley of death" between the end of SBIR Phase II funding and later financing rounds that are necessary to move a product or service on toward the market.

NCI said on Tuesday that this new award opportunity will fund as many as ten small business projects. The most recent Bridge Awards averaged around $3 million, and went to fund Lpath Therapeutics; OptaSonics; Guided Therapeutics; Gamma Medica-Ideas; Altor BioScience; and Koning Corporation.

NCI said that the Bridge Awards are "a cutting-edge new model" enabling investors and NCI to "share in the investment risk in order to accelerate the most promising small business innovations to commercialization."

The Scan

Shape of Them All

According to BBC News, researchers have developed a protein structure database that includes much of the human proteome.

For Flu and More

The Wall Street Journal reports that several vaccine developers are working on mRNA-based vaccines for influenza.

To Boost Women

China's Ministry of Science and Technology aims to boost the number of female researchers through a new policy, reports the South China Morning Post.

Science Papers Describe Approach to Predict Chemotherapeutic Response, Role of Transcriptional Noise

In Science this week: neural network to predict chemotherapeutic response in cancer patients, and more.