Banyan Biomarkers, Inc. (Florida) Awarded $26.3 Million Department of Defense Contract for Diagnostic Test for Traumatic Brain Injury (10/5/2010)

Banyan Biomarkers is a Florida-based spinoff developing in vitro diagnostic products for detecting brain injuries.

Banyan Biomarkers, Inc., the leader in developing in vitro diagnostic products to detect traumatic brain injury (TBI), announced today that they have been awarded a $26.3 Million Contract for the development of a diagnostic test for TBI.

This award will help fund critical research for a point of care test to diagnose TBI and has significant potential for both military and civilian applications. Jackson Streeter, M.D. and CEO of Banyan Biomarkers, Inc. stated, “We are pleased to be working with the Department of Defense to develop a blood test for TBI. Properly diagnosing TBI will help medical professionals triage and treat our soldiers more effectively.” [read more]

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