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CT bioscience fund awards first $1.9M

Connecticut’s recently created Bioscience Innovation Fund has awarded nearly $2 million to UConn and Yale startups, as well as two researchers from those schools.

Storrs’ Dura Biotech and Hamden’s CaroGen Corp. received $500,000 and $400,368, respectively. Dura is developing a valve for transcatheter aortic valve replacements, while CaroGen is developing a hepatitis B vaccination.

Meanwhile, Dr. Demetrios Braddock of Yale and Dr. Quing Zhu of UConn each received $500,000.

Braddock is studying a novel therapeutic for treatment of a fatal orphan disease, while Zhu is developing a handheld imager that would supplement ultrasound systems for breast imaging.

Connecticut Innovations manages the $200 million fund, which was created in 2013.

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