Florida Institute Funds Boca Raton-based Ovation Diagnostics
GAINESVILLE and BOCA RATON, Fla., Aug. 18, 2016 /PRNewswire-USNewswire/ — The Florida Institute for the Commercialization of Public Research (the Institute) announced today that it has finalized a funding agreement with Ovation Diagnostics, a Boca Raton-based company with technology developed at University of South Florida. The Institute supports new company creation based on publicly-funded research, and bridges early funding gaps for companies spinning out of Florida-based universities and research institutions.
Ovation Diagnostics is committed to improving outcomes of women with ovarian cancer. Using a novel biomarker present in urine samples of ovarian cancer patients, the company is developing a laboratory test which will offer women an efficient, noninvasive and affordable method of detection with potentially higher specificity and sensitivity for ovarian cancer compared to existing methods of detection.
Read the Full Press Release as it appeared in PR Newswire.
CADE MUSEUM AWARDS
In 2014 Ovation Diagnostics was one of the runners-up for the Cade Museum Innovation Prize and also won the People’s Choice Award. The Full Article that appeared in the Gainesville Sun.