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Strand Receives $1M Grant from Indian Government; Licenses Software to Abgenix

NEW YORK, June 28 (GenomeWeb News) - Strand Genomics has received approximately $1 million in funding from the Indian government and has licensed its microarray analysis software to Abgenix, the company said today.

 

Strand, based in Bangalore, India, said it will use the funding from the Technology Development Board to further develop and market the enterprise version of its Avadis microarray gene expression analysis software.

 

Abgenix, a biopharma company focusing on antibodies based in Fremont, Calif., has signed up for a site license to the enterprise edition of Avadis.

 

Strand also said that it has licensed its software to the Institute of Genomics and Integrative Biology in Delhi.

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