General company news
• mPhase has appointed Source Capital Group to raise up to $15 million for its subsidiary AlwaysReady. The agreement follows mPhase's decision to separate its nanotechnology product line into a new company. "The combined strengths of our innovative smart nanobattery and ultrasensitive magnetometer led us to the decision to keep these two businesses together in the AlwaysReady subsidiary," commented Ronald Durando, CEO and president of mPhase.
• BioSource Solutions is looking to implement nanotechnology into its biodegradable, botanical and biological-based products and is currently testing "several" formulations. "Ideally, we would like to see nanotechnology implemented in our consumer household specialty items, as well as in our automotive and marine product formulations," stated Bob Pieroway Jr, vice-president of BioSource.
• Nanopolis has launched a "paper of the year award" for nanobiotechnology journals. The winner receives a free multimedia presentation based on their research.
Market analysis
• By 2014, the market for silver "nanoinks" is expected to reach $844 million, according to NanoMarkets. Nanoparticulate silver inks promise to lower the cost of printed electronics by reducing the need for high-temperature processing and enabling less material to be used.
• Research and markets has released highlights from its recent report dubbed Nanotechnologies for sustainable energy: reducing carbon emissions through clean technologies for renewable energy sources -
"Current applications of nanotechnologies will result in a global annual saving of 8000 tons of carbon dioxide in 2007, rising to over 1 million tons by 2014."
"The major near-term benefit of nanotechnologies will be in reducing weight in the transportation sector with nanocomposite materials quickly diffusing across the automotive and aerospace industries."
"Over the next seven years, highest growth opportunities will come from the application of nanomaterials to making better use of existing resources rather than generating new forms of renewable energy."
People
• Kim Woodrow of Yale University has been honored with a 2007 L'Oreal USA fellowship for women in science. Woodrow's research involves the use of bioactive peptides to engineer multifunctional nanoparticles for imaging and treating diseases.
• Azaya Therapeutics, a developer of protein-stabilized nanoparticles for improving the efficacy and safety of water-insoluble pharmaceutical agents, has elected Ze'ev Shaked to its board of directors. "Ze'ev has an outstanding track record in the biopharmaceutical industry and in overseeing the development of new drugs," said John Kerr, Azaya's chairman of the board.