Funding

March 25, 2022
RNA, DNA Beautiful model on a blurred background, 3d rendering

RNA At-Home Testing & Therapeutics: $1.3M From 250 Michigan Investors To Deploy New Tech

Life Magnetics, Inc. has solved a key problem with COVID-19 vaccine distribution, the need for cold storage. The most difficult aspect of RNA therapeutics and RNA at-home testing is transport. The problem is RNA is a fragile molecule. Most living organisms try to destroy free RNA because they think it’s a virus. Even if it’s not destroyed in this way, RNA falls apart on its own in a few days. Despite these limitations, the promise of RNA At-Home testing and RNA therapeutics cannot […]
January 10, 2021

Kit for double stranded RNA removal in beta testing with applications in vaccine manufacturing

Double stranded RNA (dsRNA) is a difficult to remove contaminant which is commonly present when manufacturing mRNA drugs, a recent publication in the journal of molecular […]
October 10, 2020

Life Magnetics calls for collaborations for at-home urine testing

On October 10, 2020, Life Magnetics is announcing a call for collaborations for at-home urine testing. With the success of products like Cologuard and the need […]
July 21, 2020

Life Magnetics, Inc. product used in clinical testing at Rapid Biosense

On July 21, 2020, Life Magnetics and Rapid Biosense completed a collaboration to set up a CLIA laboratory for COVID-19 testing to address the need for […]