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Lehigh University, Philadelphia University and Thomas Jefferson University were each awarded $200,000 in the fourth round of the University City Science Center's QED Proof of Concept Program, the Science Center announced Dec. 12, 2011. It was the first time any of the three universities have received a QED award. The QED Program is designed to facilitate commercial investment in early-stage life science technologies with high potential in the healthcare industry.

The projects receiving awards include a fabric that resists bacterial contamination developed at Philadelphia University, a portable device for delivering oxygen to critical care patients developed at Lehigh University, and a breakthrough diagnostic test for pancreatic cancer developed at Thomas Jefferson University. The projects were selected from 10 finalists by an independent group comprising industry and investment professionals.

To read the full, original article click on this link: Three Pennsylvania Universities Receive Awards to Bridge the Funding Gap - MarketWatch