A Fayetteville medical device company has received approximately $1 million from the National Science Foundation.
Lapovations, based in Fayetteville, has received a $999,429 grant through the Small Business Innovation Research (SBIR) program. This is a Phase II grant; Lapovations previously received a Phase I grant of $225,000 in 2019.
This grant is earmarked for developing Lapovation’s AbGrab device, which is designed to lift the abdominal wall during laparoscopy surgeries.
“This grant validates the scientific merit and commercial opportunity of AbGrab. We are excited to receive this SBIR award from the National Science Foundation,” Lapovatiosn director of operations Nhiem Cao said in a statement.