Daxor Receives $300K Matching Fund Award From Launch Tennessee To Will Drive Innovation, Commercialization Efforts, And Job Creation
Portfolio Pulse from Benzinga Newsdesk
Daxor Corporation has received a $300K SBIR matching fund award from Launch Tennessee to support innovation, commercialization, and job creation efforts. This funding will aid in advancing Daxor's next-generation blood volume analyzer.
September 05, 2024 | 12:10 pm
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Daxor Corporation received a $300K SBIR matching fund from Launch Tennessee to enhance its blood volume measurement technology. This funding supports innovation and commercialization, potentially boosting Daxor's market position and revenue.
The $300K award from Launch Tennessee is significant for Daxor as it supports the development of their next-gen blood volume analyzer. This could enhance their product offerings and market competitiveness, likely leading to increased revenue and positive stock movement.
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