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Austin Technology Incubator recruits medical device startup

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A medical device developer, NanoLite Systems Inc., is a latest to join a University of Texas‘ Austin Technology Incubator.

ATI — a nonprofit section of UT — provides vital counsel, operational superintendence and infrastructure support to companies transitioning from early theatre ventures. Since 1989, ATI has worked with some-more than 200 companies, assisting lift about $750 million in financier capital.

NanoLite Systems is building a micro-imaging height for real-time pathology. The association hopes to commercialize a portfolio of micro-imaging and intuiting inclination for cancer diagnostics, surgical superintendence and diagnosis monitoring.

NanoLite assimilated ATI’s Bioscience Incubator. The association spun-off from UT final year when it protected a micro-chip technology. It warranted a National Science Foundation SBIR Award and a medical inclination extend from National Instruments Corp. within a initial year.


Posted by Ashley Furness. afurness@bizjournals.com

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Article source: http://www.bizjournals.com/austin/blog/abje_news/2011/04/austin-technology-incubator-recruits.html


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