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Mediomics gets $460,000 for research

St. Louis biotechnology company Mediomics said Tuesday it received an additional $460,000 in federal funding thanks to the renewal of a second-year grant from the National Institute of General Medical Sciences.

Mediomics, founded in 2001 by Dr. Yie-Hwa Chang, creates testing applications for academic laboratories, pharmaceutical applications and medical and environmental research markets. It brought in an estimated $1 million in revenue in 2009.

[St. Louis Business Journal]