UAlbany Cancer Center spinoff begins to map its way in growing bioinformatics sector

RENSSELAER, N.Y. (July 16, 2007) - The state University at Albany is spinning off its first biotech company, Hocus Locus, which is built around software developed at the university. Hocus Locus, located in the $45 million Gen*NY*Sis Center for Excellence in Cancer Genomics on the university's East Campus, is a bioinformatics company. Its product is designed to help small drug discovery companies speed up development of new drugs.

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