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December 22nd, 2003
Nanobio gets $3.2M, spins off Nanocure
NanoBio Corp., an Ann Arbor, Mich.-based firm specializing in nanotechnology-based pharmaceuticals, announced it has received a $3.2 million federal contract and is spinning off a company. The U.S. Defense Department contract will be used to continue NanoBio's development of its antimicrobial nanoemulsions, which incorporate nanoparticles for biodefense and drug delivery applications.