Advaita Receives $125K Grant to Commercialize Bioinformatics Software | GenomeWeb

NEW YORK (GenomeWeb) – Advaita Bioinformatics has received a $125,000 matching grant from the Michigan Emerging Technology Fund, administered through the Michigan Small Business Development Center.

Plymouth, Mich.-based Advaita is using the grant along with another $125,000 in third-party funds to commercialize software for analyzing and interpreting genetic data. These funds give Advaita the requisite resources to bring its product to the research and pharmaceutical market, Sorin Draghici, Advaita's president and CEO, said in a statement.

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