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Home > News > Medical dressings are silver lining for Nucryst Pharmaceuticals

June 7th, 2004

Medical dressings are silver lining for Nucryst Pharmaceuticals

Wall Street may be skeptical about nanotech companies without proven products or revenues going public, but Nucryst Pharmaceuticals is making money today on its silver nanoparticle dressings for burns and chronic wounds. Profitable since 2001, Nucryst is a subsidiary of a Canadian company, the Westaim Corporation, which has $85 million in cash, no debt and may be a nanotech pure play that even a financial conservative could appreciate.


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