GrantAdler Receives $100,000 Ben Franklin Grant
GrantAdler Corporation has received a $100,000 investment from Ben Franklin Technology Partners of Northeastern Pennsylvania as part of Ben Franklin’s program to improve the economic future of Pennsylvania by building partnerships with high-growth companies that develop and apply technology for a competitive advantage.
The $100,000
investment will help GrantAdler complete development of a new vascular access port and support its expanding sales and distribution efforts. GrantAdler is developing and producing a new line of implantable products that allow easier, catheterized access to blood vessels for a variety of procedures.
The company’s initial focus is vascular access for administering chemotherapy drugs and for conducting kidney dialysis.
GrantAdler’s first product, Rhapsody® CT+, which received FDA approval in 2007, has unique design features that make it competitive in the chemotherapy infusion-port market.
Source: November 18, 2009 Ben Franklin News
posted on Sunday, December 20th, 2009 at 10:01 pm.