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Microfluidics Microfluidics refers to the industry concerning microscopic amounts of fluids, and has applications in the microarray, lab-on-a-chip, medical, and analytical instrumentation markets. Frost & Sullivan estimates that “the microarray market will reach $1.33 billion per year in 2004” and annual growth of 58%. Biotech companies (such as Platypus Technologies of Madison) are working toward creating micro-laboratories on a chip. We present a business plan that takes advantage of pre-existing, patentable Wisconsin technology to build a product line of accessories for this market. We have developed technology to measure volumes down to hundreds of nanoliters. Current products can measure milliliters, but laboratories-on-a-chip require micro- and nano-liter measurements. Our company’s strengths include rights to patentable technology, a strong technical staff, access to a good distribution channel, and access to Madison’s high-tech community. Patents, client relationships, and new products help maintain a significant barrier to entry. Our new products will lead to the development of subsequent products. The present liquid metering device is a key component for future micro-flow splitting devices, in which a single liquid stream is broken into two or more streams. Micro-flow splitting devices are crucial for high-throughput pharmaceutical research. |