BioTraces, Inc. discovered, patented and implemented an enabling technology called MultiPhoton Detection. The company's technology as applications on markets such as: Biomedical Diagnostic and Therapy Monitoring, Pharmaceutical Drug Discovery, Agricultural Biotechnology and Food SafetyTesting, Chemical, Petroleum and Petrochemical Processing. The firm's technology permits measurement of biological and chemical substances with unprecedented sensitivity, making possible the detection of as few as a hundred labelled molecules. Methodologies have been developed to achieve this sensitivity with robust, low cost instrumentation, and remarkably, at levels of radiation below background .