Startups, Diagnostics

Proteomics assay startup gets funding from UM’s student-run fund

Ann Arbor proteomics startup Phasiq got a small cash infusion from the University of Michigan’s student-run commercialization fund. It’ll use that funding to scale its multiplex assays.

Phasiq, an Ann Arbor proteomics startup, just received a pre-seed round of funding from  the student-run Zell Lurie commercialization fund at the University of Michigan, it said a statement.

Phasiq is developing a multiplex assay that’s meant to quickly and inexpensively identify several proteins in a sample. It could be used in multiple disease diagnostics and for drug development. The funding will be used to automate its manufacturing process to make production scalable for its assay.

The company, founded in 2012, plans to launch its assay commercially next year. Read about how its multiplexing technology works here.

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The underlying research comes from University of Michigan professor Shuichi Takayama, who works in the field of macromolecular science and biomedical engineering.