University of Utah dedicates new biotech facility

To date, U. researchers have launched or relocated 10 companies, and 10 more commercialization projects are underway. Among the projects currently under investigation is the development of reliable testing to detect pancreatic cancer.

Nano Institute director Marc Porter said his group is working to create the next generation of diagnostic tests using nano technology.

"The kinds of things that we do and people we're talking to are companies that can build kits for these different kinds of diagnostic tests … (creating) the basis for forming new companies or licensing technology," he said.

Eventually, the growth of the new Utah-based companies will result in payment of royalties to USTAR and the university, Patel said, which will help sustain the USTAR program for years to come.

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