Company Profile

MicroIslet Inc (AKA: ALD Services Inc)
Profile last edited on: 5/13/2024      CAGE: 4GZK3      UEI: LJYHHGZR7TT5

Business Identifier: NO Business Identifier is currently available for this company.
Year Founded
1998
First Award
2003
Latest Award
2008
Program Status
Inactive
Popularity Index
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Location Information

6370 Nancy Ridge Drive Suite 112
San Diego, CA 92121
   (858) 657-0287
   info08@microislet.com
   www.microislet.com
Location: Single
Congr. District: 51
County: San Diego

Public Profile

Incorporated in 1998 under the name ALD Services, Inc. -changing its name to MicroIslet, Inc. in 2002, the firm was a biotechnology company engaged in the research, development and commercialization of patented technologies in the field of transplantation therapy for patients with diabetes. Falling victim to the Great Recession, the company went out of business after Bankruptcy hearings lasting 2008-2011. The company had licensed several technologies from Duke University Medical Center and SRI International and had developed for the isolation, culture, storage and encapsulation of insulin-producing porcine islet cells. MicroIslet's goal had been to offer a solution towards a cure for diabetes worldwide

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
20-24
Revenue Range
2M-2.5M
VC funded?
Yes
Public/Private
Publicly Traded
Stock Info
OTC : MIIS.OB
IP Holdings
1-4

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount
2008 1 NIH $242,166
Project Title: Improving Porcine Islet Function And In Vivo Survival With Lisofylline
2007 2 NIH $1,828,107
Project Title: Optimization & Automation of Pancreatic Islet Isolation

Key People / Management

  Hartoun Hartounian -- Chief Operating Officer

  Ingrid Stuiver