Virginia Tech Alumni Form Company to License, Commercialize Life-Sci IP from School | GenomeWeb

By Ben Butkus

A group of entrepreneurial Virginia Tech alumni has formed a company to license and commercialize promising biotechnologies from their alma mater, BTW has learned.

The company, called Techulon, has about $400,000 of seed funding to work with, provided by its founders, and has already selected two technologies — in the general areas of therapeutics and biological research materials — to develop, Techulon president and CEO Frank Akers told BTW this week.

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