Biophan Technologies, Inc. Announces Congressional Approval Of $1 Million Allocation In New Government Grants In Support Of MYO-VAD™ Cardiac Recovery System

ROCHESTER, N.Y.--(BUSINESS WIRE)--Biophan Technologies, Inc. (OTCBB: BIPH - News; FWB: BTN), a developer of next-generation medical technology, announced today full congressional approval of an allocation of $1 million in U.S. government funding to help accelerate the commercialization of the MYO-VAD™ cardiac recovery system. A previously announced additional allocation of $400,000 is still pending.
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