FAQ on MS Tech's New R&D Grant for Bio-Medical Innovations

What is the purpose of the R&D grant awarded to MS Tech?

The R&D grant is intended to advance MS Tech’s Bio-Medical Division’s innovative biosensor technology for early detection of disease biomarkers in liquid biopsies, as part of the LIQUIDBX Consortium.

How much is the R&D grant valued at?

The R&D grant is valued at approximately $1.2M.

Who awarded the R&D grant to MS Tech?

The Israel Innovation Authority awarded the R&D grant to MS Tech.

What makes MS Tech’s biosensor technology innovative?

MS Tech’s biosensors deliver results within minutes, unlike current liquid biopsy analyses that require costly, time-consuming laboratory-based instrumentation, and are integrated with IoT capabilities for immediate data-driven decisions.

What sectors could benefit from MS Tech’s biosensor technology?

Sectors including medical diagnostics, agriculture, food security, food safety, and environment protection could benefit from MS Tech’s biosensor technology.

Who is Doron Shalom?

Doron Shalom is the CEO of MS Tech Ltd., who expressed appreciation for the Israel Innovation Authority’s recognition of their biosensor technologies.

Since when has MS Tech been dedicated to advancing sensor technology?

Since its establishment in 1998, MS Tech has remained dedicated to reshaping and advancing the sensors industry and pioneering sensor technology across various market sectors.

Where can I find more information about MS Tech?

For more information about MS Tech, visit their website at ms-technologies.com.

What is the Israel Innovation Authority?

The Israel Innovation Authority is an independent publicly funded agency that provides tools and funding platforms to support the innovation ecosystems, including early-stage entrepreneurs and companies developing new products.

How does MS Tech’s technology compare to current liquid biopsy analyses?

MS Tech’s biosensors are faster, delivering results within minutes, and eliminate the need for costly, time-consuming laboratory-based analytical instrumentation and its ongoing maintenance.