Octillion spinoff one step closer
Great Lakes IT Report,
11/29/2007
Shareholders in the Auburn Hills-based Octillion Corp. will receive a special spin out as part of the spinoff MicroChannel Technologies Corp -- the company's wholly owned subsidiary.
Excerpt:
The research being performed by MicroChannel involves using a patented combination of physical, chemical and biological cues at the cellular level to facilitate peripheral nerve regeneration. This technology was co-invented by Dr. Surya Mallapragada, named one of the world’s top 100 young innovators by Technology Review, a technology magazine published by the Massachusetts Institute of Technology.
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