Therapeutic Discovery Project Grant Awarded to ST Cardio
November 5, 2010 – ST Cardio was awarded nearly $250,000 in a grant under the Qualifying Therapeutic Discovery Project Program. The grant is related to the company’s Z6 Cardiac Stimulator.
The grant, which totaled $244,479, is given to projects that can result in new therapies that treat unmet needs or reduce the long-term growth of healthcare costs.
“We are pleased that the Department of Health and Human Services chose to recognize the innovative capabilities of the Z6 Cardiac Stimulator,” said Bill Abboud, ST Cardio Technologies’ president and CEO, “We look forward to utilizing the grant to further enhance the Z6 Cardiac Stimulator capabilities in the diagnosis and treatment of cardiac arrhythmias.”
For more information: www.stcardio.com