Arrowhead getting nanomaterials out of the university and into the market

Filed in archive Business on December 9, 2005

Getting nanotech breakthroughs out of the university labs and into the marketplace has often been a stumbling block in the development of new nanomaterials. But now at least one nanobiz has made it their primary goal. Arrowhead Research Corporation identifies patented or patent-pending technologies at universities or government labs and funds additional development of those technologies in exchange for exclusive rights to commercialize the resulting prototypes. A top priority for Arrowhead will be the development of carbon nanotubes. Their wholly owned subsidiary NanoPolaris, Inc. has assembled a portfolio of intellectual property to facilitate and enable the manufacture of nanotube-based products. NanoPolaris has exclusively licensed U.S. patents and patent applications covering technologies developed at UCLA, Penn State, Duke, and many other leading universities. "We believe carbon nanotubes will create a manufacturing revolution comparable to what plastics did for materials and silicon did for electronics," said R. Bruce Stewart, Arrowhead's Chairman. more @ businesswire.com