On the Radar…

The Colorado Institute for Drug, Device and Diagnostic Development (CID4) announced its official launch yesterday. The goal of CID4, a not-for-profit entity formed in 2009, is to bridge the gap between basic research, which is usually grant funded, and product commercialization in the life science industry. CID4 was formed through a collaboration of much of Colorado’s bioscience community including CU, CSU, the Colorado Bioscience Association, and the Fitzsimons Redevelopment Authority. The institute is currently soliciting proposals from Colorado based life science companies in need of funding and active management.  The institute hopes to support three to four companies each year.  First round proposals are due February 15.