ROCKVILLE, MD—Innovative Biosensors Inc., a company developing rapid, ultra-sensitive tests to detect harmful pathogens for the biodefense and clinical infectious disease markets, will receive funding for a partnership with the University of Maryland to develop a handheld biosensor.

The amount of the funding was not disclosed.

The project will develop a miniaturized analysis system that could be used in industrial, environmental and clinical fields.

“The opportunity to develop a handheld miniaturized system that encompasses our biosensor technology is a concrete step towards the realization of the long-term vision I have long held for IBI,” said Joe Hernandez, president and CEO.

“Our experience developing analyzers, tests, and complete systems for both clinical and environmental applications will be leveraged in this project to meet the need of multiple markets requiring rapid handheld technology to give them immediate on-site information for making critical decisions.”

On the Web: www.innovativebiosensors.com

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