(Release: June 21, 2012) - The Technical Innovation Center (TIC) at Hagerstown Community College is pleased to announce that its client, Ambay Immune Sensors and Controls, LLC (AISC), was named as a finalist for the 2012 Incubator Company of the Year Award in the life science category.
AISC, a biotechnology firm, is developing an immune sensor for the early detection of breast cancer and its recurrence in the blood. The immune sensor will detect changes and alterations in the imumo-biochemical signals in different immune components that are distinctly different from those in healthy immune systems. In addition to research, the firm markets kits to laboratories for flow cytometry use and provides technical guidance and contract research services.
“We are pleased that Ambay has gotten the recognition that they rightly deserve,” said Chris Marschner, manager of the TIC. “Dr. Chandok’s vision and tenacity in overcoming obstacles is the principle reason for her success, however without the assistance of James Hamill and the oncology professionals in the area, the firm’s progress would have been slowed. When the community comes together to help a startup by offering support, guidance and a willingness to open doors for them we see much faster development.”
This year’s annual awards program is sponsored by the Department of Business and Economic Development, TEDCO, Saul Ewing, and Mcgladery. Finalists and category winners were chosen by a group of regional industry leaders and early-stage investors.
“Entrepreneurs in Maryland continue to thrive in our state incubator network,” said Rob Rosenbaum, president and executive director of TEDCO. “The Incubator Company of the Year Awards is a chance to highlight the State’s expansive incubator system and celebrate emerging technologies. This is an opportunity to focus on those who have been successful in our incubator network and inspire start-up companies around the state. TEDCO wishes to congratulate all the finalists.”
Founding partner of the Incubator Company of the Year Awards, Brian Meritt, a managing director of McGladrey, added that the awards have become more competitive each year as “entrepreneurs in our state continue to produce cutting-edge technologies. We are thrilled to recognize the breadth and depth of technology talent that we have throughout Maryland.”
“Incubators are one of our best tools for growing our State’s economy,” said Phil Bogart, an attorney at Saul Ewing LLP. “Saul Ewing applauds the Incubator Company of the Year Award finalists and looks forward to watching these companies grow and develop.”