"Despite the large number of cutting edge technologies and patents, held primarily by universities and research institute, the ratio of business start-ups in Japan is still low. Through the Asian Entrepreneurship Awards, we hope to provide an opportunity to bring together entrepreneurs from across Asia to Japan, to introduce their innovative technologies to the world," said Professor Shigeo Kagami, chairman of the nominating committee for the Asian Entrepreneurship Awards 2012, who is also from the Office of Science Entrepreneurship and Enterprise Development, Division of University Corporate Relations at The University of Tokyo.

"My heartiest congratulations to Clearbridge BioMedics. I believe that their ClearCell System has the potential to make a tremendous impact on the way cancer is diagnosed and treated in the future,"said Professor Kagami.

Moving forward, Clearbridge BioMedics plan to use the prize money from this award competition to further accelerate the development of its next-generation microfluidics biochips. They also plan to be exploring a wider number of applications in the life sciences and medical diagnostic fields.