New Neonatal Technology May Be Delivered Through Voobon Ventures Funding

May 20, 2009 - PRLog -- Voobon Ventures is pleased to announce its courtship with LW Ligand, LLC.  The potential partnership will deliver a solution for the diagnosis and treatment of newborn jaundice and other chronic diseases and conditions that affect newborns.

Formed in 2002 by industry angels, scientists, and physicians from California Pacific Medical Center in San Francisco, CA, LW Ligand, LLC’s goal is to become the leading provider for neonatology/pediatric solutions for conditions that affect the newborn population and to market them to healthcare organizations throughout the world. The company has developed an innovative, commercially applicable system for measuring:  a new biomarker called unbound bilirubin by means of a blood test.  This will determine which newborns are at risk for brain damage due to jaundice. LW Ligand, LLC has completed development of a patented and published prototype instrument and is poised to move into the commercialization phase once a funding event is completed.

"Nothing is more important to our economy than the welfare of our children.  It’s so cliché’ but they are our future.” said Mark Shariar, President and Managing Director of Voobon Ventures. “We are finalizing our partnership with LW Ligand, LLC, so we can begin protecting our future.”

About Voobon Ventures, Inc.

Voobon Ventures, Inc. headquartered in Atlanta, Georgia with offices in New York City, Chicago, Las Vegas, Las Angeles and London is a closely held venture capital firm, with managed funds under $5 billion. Under the direction of its President and Managing Director, Mark Shariar, its investment clients have selected Voobon Ventures based upon consistent sound returns in a tough economy and the privacy offered through the fund. Voobon is actively engaged in both short and long term investments with its long term primarily focused on leading edge companies in the communications, entertainment, technology, medical technology, real estate, manufacturing, mining and energy industries. Additional information is available at www.voobonventures.com

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