Japan's Murata invests in Medicon Valley biotech company  

2003.07.08
Electronics giant Murata invests DKK 1 million in Danish biotech company Atonomics, which is close to launching a diagnostic biochip

Japanese electronics giant Murata is investing DKK 1 million in the 2-year old Danish biotech company Atonomics, which is close to launching a diagnostic biochip. The investment is a part of a strategy to bring the two companies closer together. Murata’s electronics production includes 300 million sensors for the world’s major mobile telephone manufacturers; the company has an annual turnover of approx. DKK 25 billion (USD 3.9 billion) and around 28,000 employees.

 

The two companies have been collaborating for two years to develop a biochip which enables a GP to rapidly diagnose allergy in a patient and also determine what the patient has a reaction to. The plan is to test the first biochip products in a number of laboratories this autumn and then to bring it to market around the start of 2005. The news is reported by daily newspaper Berlingske Tidende.

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