New York Blood Center Enterprises Makes Investment to Advance Next-Generation Red Blood Cell Research
BOSTON, Dec. 07, 2023 (GLOBE NEWSWIRE) -- New York Blood Center Enterprises ( NYBCe ) announced today that its venture fund, NYBC Ventures , has invested in Functional Fluidics to advance research in sickle cell disease and transfusion medicine.
- BOSTON, Dec. 07, 2023 (GLOBE NEWSWIRE) -- New York Blood Center Enterprises ( NYBCe ) announced today that its venture fund, NYBC Ventures , has invested in Functional Fluidics to advance research in sickle cell disease and transfusion medicine.
- Functional Fluidics , a CLIA-certified diagnostics laboratory specializing in red blood cell health, will use the funds to expand its services to Africa and develop the next generation of red blood cell health assays with the potential to improve diagnostic outcomes in sickle cell disease (SCD), transfusion medicine, and other hematological disease areas.
- SCD is a globally prevalent genetic disorder that affects more than 100,000 Americans and more than 7 million people worldwide.
- The investment in Functional Fluidics research is the latest effort in the organization’s mission to expand its humanitarian impact on global public health.