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Lifeline Scientific Affiliate Gets USD1.56 Million In Grants In The US

22nd Jun 2015 08:08

LONDON (Alliance News) - Lifeline Scientific Inc on Monday said its Tissue Testing Technologies LLC affiliate has been awarded USD1.56 million in grants by the US National Institutes of Health.

The three grants given to Tissue Testing, which is 49% owned by Lifeline, have been given to back its work on preservation and evaluation systems for various cells, tissues and organs.

The largest of the grants, for USD1.1 million, has been provided to back Tissue Testing's work on a vitrification research programme for improving cryropreservation of engineering tissue equivalents.

Shares in Lifeline were untraded on Monday morning, having last traded at 134.00 pence.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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