Amplified Sciences secures more federal funding
Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
A life sciences startup founded by a Purdue University professor has been awarded a $275,000 National Science Foundation grant. Amplified Sciences is developing tests for early, more accurate detection of diseases, starting with pancreatic cancer.
The clinical-stage life-sciences diagnostic company was co-founded was founded by V. Jo Davisson, a professor of medicinal chemistry and molecular pharmacology and a faculty member of the Purdue Institute for Cancer Research and the Purdue Institute for Drug Discovery.
The company licenses Davisson’s intellectual property through the Purdue Innovates Office of Technology Commercialization. CEO Diana Caldwell said the funding will support critical development of the company’s novel ultrasensitive optical reporter platform technology.
Amplified Sciences also has received a matching grant of $50,000 from the Indiana Economic Development Corp.’s Applied Research Institute, the university said in a news release.
The award marks the company’s second Small Business Innovation Research grant. In 2023 Amplified Sciences received a grant of about $400,000 from the National Cancer Institute.
Late last year the company also received investments worth $108,000 from the Flywheel Fund, a capital fund for early-stage and high-potential startups based in Indiana, Inside INdiana Business reported.
The company is also a nominee for Tech Innovation Team of the Year at this year’s TechPoint Mira Awards.