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Frederick biotech startup gets $400K to commercialize algae proteins

November 7, 2023

Frederick County biotechnology startup Phycin has received $400,000 from the Maryland Stem Cell Research Fund to help develop and commercialize the use of algae proteins in medical care and the food market. The Maryland Stem Cell Research Fund, managed by the Maryland Technology Development Corp., distributed $4 million among 12 scientists from Maryland companies and research institutions to further their research.

 

Article Source: Frederick News-Post

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