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Home » Research & Discovery » Proteomics & Protein Research » Inproteo Spins Out Two Companies in Two Years: Will Money Keep Flowing?

Inproteo Spins Out Two Companies in Two Years: Will Money Keep Flowing?

Apr 23, 2004
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In the two years since it launched with $12 million in seed money, Inproteo — a proteomics consortium consisting of Purdue University, Indiana University, and Eli Lilly — has taken in $3 million in licensing revenues, applied for 34 patents, spun out two companies, and is aggressively looking into launching a third company.

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