Octillion spinoff one step closer

Thursday, November 29, 2007 | Source: Great Lakes IT Report

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.

Read entire article here.