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In-Q-Tel Extends IFC Techology Deal With Fluidigm

NEW YORK, March 21 (GenomeWeb News) - Fluidigm will continue to develop its integrated fluidic circuit chip technology for the Central Intelligence Agency through an alliance with In-Q-Tel, a non-profit venture group funded by the CIA, the company said yesterday.

 

Under the agreement, Fluidigm will "finish development of our next product line and provide value to the government with newly enhanced detection capabilities," said Gajus Worthington, Fluidigm president and CEO.

 

No further details were provided.

 

Fluidigm said it has completed all deliverables associated with its 2004 agreement with In-Q-Tel.

 

As GenomeWeb News reported, In-Q-Tel made an upfront payment and equity investment in Fluidigm in November, 2004.

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