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ETF News
State Announces 46 Percent Return on Investment from CardioSpectra
Gov. Rick Perry announced the State of Texas received a 46 percent return on its investment, with the potential to receive even more, when Texas Emerging Technology Fund (TETF) awardee CardioSpectra was acquired by Volcano Corporation. The acquisition was finalized December 18. CardioSpectra is the first TETF awardee to provide a cash return on investment.
SENO Medical Instruments Announces $2 Million State Investment for Breast Cancer Detection Technology
Seno Medical Instruments, Inc., a company engaged in the development of medical devices announced a $2 million dollar award from the Texas Emerging Technology Fund (TETF). This funding will allow the company to further develop its life saving technology for cancer imaging and detection and move it closer to the global marketplace.
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