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NC Biotech Center awards nearly $2M in grants, loans to life science firms, universities, groups

NC Biotech Center awards nearly $2M in grants, loans to life science firms, universities, groups
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Morrisville animal health firm raises $7M for move into the human diagnostic realm

Applied LifeSciences & Systems raises $7M, to accelerate commercialization of poultry tech

by WRAL TechWire May 14, 2021 . MORRISVILLE – New funding in the form of $7 million in A Series B fROUND will accelerate the commercialization of the automated and individualized poultry vaccination systems, SAYS Morrisville-based Applied LifeSciences & Systems, or ALSS. The round was co-led by Merck Animal Health and Mountain Group Partners, and included an investment from Oval Park Capital, a Raleigh-based early-stage investment firm, which was also an early investor. According to the company, its high-speed imaging, feature recognition, artificial intelligence, robotics, and microfluidics proprietary technologies are integrated in a system developed to address a significant challenge for the commercial poultry industry: successful, efficient vaccinations.

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