Advaita Bioinformatics has been recognized as one of the 2016 “Michigan 50 Companies to Watch,” an awards program presented by Michigan Celebrates Small Business.
Advaita will be honored at an awards ceremony during the twelfth annual Michigan Celebrates Small Business gala event, May 5, 2016 in Lansing, Mich.
Advaita is a developer of software applications to analyze and interpret genetic and protein biological data using advanced computational methods. Advaita’s novel analysis approach is based on technology developed at Wayne State University, which translates the gigabytes of data produced as a result of various genetic sequencing experiments into a format for researchers to gain clear understanding of the underlying biological phenomena they are studying.
“We focus on delivering clear results and new insights that cannot be achieved with any other commercial analysis software,” said Advaita’s founder and CEO, Sorin Draghici, Ph.D. “Receiving this award is a validation and recognition of the hard work and dedication of our team and a testament to the excellent business climate in Michigan.”
Companies making it to the “Michigan 50 Companies to Watch” list are a remarkable group of second-stage companies. Defined as having 6 to 99 full-time-equivalent employees and generating $750,000 to $50 million in annual revenue or working capital from investors or grants, these companies form the backbone of Michigan’s economy. Representing all regions of the state and a diverse range of industries, companies like Advaita are known for their exceptional entrepreneurial leadership, creation of innovation or use of innovation in creative ways, and their sustainable competitive advantage.
Winners were selected by Michigan-based judges from the banking, economic development, entrepreneurship development, and venture capital communities.
Information about Michigan Celebrates Small Business, can be found at www.MichiganCelebrates.biz.