N.C. State/UNC spinout company raises $5.8M for ‘smart’ insulin devices

Technology invented in a laboratory in the UNC-NC State Joint Biomedical Engineering Program could soon mean painless diabetes testing and insulin injections for the nearly 400 million people with diabetes worldwide.

Zenomics, Inc., a Research Triangle Park (RTP) startup co-founded by Zhen Gu, PhD, a scientist in the UNC-NC State Joint Biomedical Engineering Program, recently raised $5.8 million in investment fundraising. The money raised was from MicroPort Scientific Corporation, a biomedical device company that promotes the translation of Gu’s patented smart insulin technology.