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February 25, 2010

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$1.4Million to Grow on…NJIT EDC Startups Receive Much-Needed Funding


A drug to stop bleeding during a brain injury and a mattress which will prevent bedsores are among the life science discoveries at the New Jersey Institute of Technology’s high tech incubator that recently received more than a million dollars in funding from the New Jersey Commission on Science and Technology (CST).

The discoveries are the work of five early-stage companies based at NJIT’s Enterprise Development Center (EDC), the state’s oldest and largest business incubator program...

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