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Ablitech, Inc.

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Ablitech, Inc. is a biotechnology company founded in Hattiesburg, Mississippi, USA, that specializes in the development and commercialization of platform technologies that heal and protect the human body.

History

Ablitech was co-founded in 2006 by Dr. Lisa Kemp, Dr. Nick Hammond and Dr. Kenneth Malone on technology licensed from The University of Southern Mississippi.

The formation of Ablitech was a direct result of the National Science Foundation program IGERT – an “interdisciplinary training program, educating U.S. Ph.D. scientists and engineers by building on the foundations of their disciplinary knowledge with interdisciplinary training.”

In 2007, Ablitech received a SBIR Phase I for the development of a bio-transformable drug-eluting coronary stent. Then in 2008 they received another SBIR Phase I for the development of a cancer therapy.

Ablitech received the Mississippi Seed Fund Research and Development investment in 2009 and in 2010. Managed by the Mississippi Technology Alliance, the Mississippi Seed Fund provides high-tech, start-up companies with access to pre-seed financing, early stage risk capital, and product development capital to stimulate and accelerate the development of high-performance, technology-based business ventures in Mississippi.

In 2011, Ablitech received a $2 million grant from the Department of Defense to develop a siRNA based therapy for heterotopic ossification.

Location

Ablitech is located at the University of Maryland BioPark. The corporation relocated to Baltimore, Maryland in early 2012.

Research

Ablitech's signature product, VersadelTM, is a nucleic acid platform delivery technology that “provides a non-toxic, biocompatible method for the systemic and local delivery of antisense DNA and siRNA in the body.”

Awards

  • PineBelt Innovator Award, 2008
  • Invent Your Future, 2006
  • National FedEx Technology Business Plan Competition, 2006.

References

  1. Ablitech’s Mission Statement. Retrieved 1/07/2011: http://www.ablitech.com.
  2. National Science Foundation. 2007. Young Inventors’ Research Transforms the Marketplace. Retrieved 1/07/2010: https://www.nsf.gov/news/news_summ.jsp?cntn_id=109819&org=DGE&from=news.
  3. Mississippi Gulf Coast Alliance for Economic Development. 2009. Could Ablitech Change Cancer Treatment? Retrieved 1/07/2011: http://www.mscoastaerospace.com/files/q109_newsletter.pdf Archived 2011-07-14 at the Wayback Machine.
  4. IGERT – About IGERT. Retrieved 1/07/2011: http://www.igert.org/public/about.
  5. Noetic Technologies. 2007. Ablitech, Inc. Receives $100,000 Grant from NSF. Retrieved 1/07/2011: http://www.noetictechnologies.org/news/ablitech_receives_grant.html Archived 2011-07-27 at the Wayback Machine.
  6. Research Watch. SBIR Phase I: PolyRNA –A Radical Innovation for Healing the Human Body. Retrieved 1/07/2011: http://researchwatch.net/nsf_grants/0810755.
  7. Northway, Wally. 2010. Ablitech receives more ‘Seed’ money from MTA. The Mississippi Business Journal. Retrieved 1/07/2011: http://msbusiness.com/blog/2010/06/ablitech-receives-more-seed-money-from-mta/.
  8. Mississippi Seed Fund. http://www.technologyalliance.ms/seed-fund/ Archived 2011-02-03 at the Wayback Machine.
  9. Ablitech Gets $2M DoD Grant for R&D into Heterotopic Ossification. GEN. Retrieved 10/13/2011:http://www.genengnews.com/gen-news-highlights/ablitech-gets-2m-dod-grant-for-r-d-into-heterotopic-ossification/81245812/ Archived 2016-03-03 at the Wayback Machine.
  10. Sentementes, Gus G. 2012. Mississippi biotech startup moves to Baltimore. Retrieved 12/04/2012: .
  11. Wbt Innovation Marketplace. 2010. Company Profiles: Ablitech, Inc. Retrieved 10/19/2010: http://www.wbtshowcase.com/wbt/web.nsf/pages/files.html/$file/WBT2011%20Profile%20-%20Ablitech%20Inc.pdf.
  12. Noetic Technologies – invent your future! – Hall of Fame. Retrieved 1/07/2011: http://www.noetictechnologies.com/news/IYFhalloffame.html.
  13. The University of Memphis - FedEx Institute of Technology. 2006. NanoTect Takes Top Prize in Mid-South Business Plan Competition. Retrieved 1/07/2011: http://www.memphis.edu/fedex/releases/2006/4-04-06BusinessFInal.php Archived 2010-06-06 at the Wayback Machine.

External links

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