Governor Doyle Announces $250,000 Award to Inviragen, Inc. in Dane County

MADISON – Governor Jim Doyle today announced that Inviragen, Inc., Mt. Horeb, Dane County, will receive a $250,000 Technology Venture Fund loan from the Department of Commerce (Commerce). 


 


“My administration is committed to furthering the development of technology,” Gov. Doyle said. “Wisconsin is a worldwide leader in this field. I am pleased we could further the opportunities of a company that is striving to research and improve technology in the medical field.”


 


Inviragen, Inc. was founded in 2003 to develop vaccines for emerging infectious diseases. The company will use the loan to lease a 4,000-sq.-ft. laboratory and office space in Madison. This laboratory will be used for preclinical testing and research to measure immune responses and to conduct further research of vaccine administration and delivery. Total project investment is $2,800,000. This project will create up to 10 new research positions.


 


For more information on Commerce programs and services, contact the Commerce Area development manager at http://commerce.wi.gov/BD/BD-AreaDevManagers.html