May 20, 2014

Massachusetts Life Sciences Center Board Approves Accelerator Loan for Excellims

The Massachusetts Life Sciences Center (MLSC) announced the awarding of a $980,000 Accelerator Program loan to Excellims Corporation, an early-stage life sciences company based in Acton, MA.

Excellims Corporation is a biotechnology company that designs, manufactures and sells High Performance Ion Mobility Spectrometers (HPIMS) that bring the advantages of speed, resolution, sensitivity and field robustness to analytical applications in life sciences. Funding from the MLSC will be used for working capital and commercialization efforts, including the building of 4 HPIMS instruments for customer demonstrations, adding to the management team, and hiring sales and scientific staff.