Spin Off Companies

Several successful spin-off companies are emerging in South Carolina as a result of the research coming out of the Centers of Economic Excellence. Many of the Centers are actively pushing technology into the marketplace—launching new products, creating new businesses, and fueling South Carolina’s economy in the process.

Below is a closer look at a few of the spin-off companies:

	First String Research, a spin-off company from the Regenerative Medicine CoEE, is developing therapeutics for scar prevention and tissue regeneration. The company’s first commercial product is a topical gel that prevents scars.
	Cephos Corporation, a spin-off company of the Brain Imaging CoEE, is working to develop and commercialize a revolutionary lie detector using MRI brain imaging and analysis that could replace polygraph tests.
	SemiAlloGen, Inc., a spin-off company of the Neurosciences CoEE, has developed a unique technology for the production of vaccines and therapeutics for cancer and neurological diseases like Alzheimer’s.
	ImmunoMod, a spin-off company from the CoEE in Childhood Neurotherapeutics, has developed a drug to treat juvenile diabetes. The company has received funding from the U.S. Food and Drug Administration to complete the first human patient trials of the drug, which appears to reverse the destruction of cells caused by the disease.
	ZDD, Inc. has created a process to recover fresh water and chemicals from seawater and brackish water.
	Palmetto Fuel Cell Analysis is a software technology company that provides custom analysis and design services for the emerging fuel cell and alternative energy market.
	Palmetto Fuel Cell Technologies is creating next-generation fuel cell component technologies for the stationary, portable, and transportation markets.
	DEnergy LLC is working to improve hydrogen-storage systems and methods of hydrogen production for fuel cell applications.
	Hydrogen Hybrid Mobility has modified the standard battery-powered Segway personal transporter to run on a fuel cell that uses hydrogen stored in a canister. The company is looking for ways to use fuel-cell technology for other small mobile devices like wheelchairs and scooters.
	AlphaPore, Inc. is working to find a clean-burning fuel by testing a technique to improve the properties of hydrogen membranes.