KENNEWICK, Wash., April 20, 2012 (GLOBE NEWSWIRE) -- Advanced Medical Isotope Corporation (AMIC) is the commercialization partner for a $148,880 grant from the Life Sciences Discovery Fund, a Washington state agency established in May 2005 which makes grant investments in innovative life sciences research to benefit Washington and its citizens. Funding for commercialization grant awards comes from Washington’s allocation of payments under the Master Tobacco Settlement Agreement of 1998, revenues arising from multi-state litigation with tobacco product manufacturers.