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May 26th, 2005
Possiblities of Nanotech Boggle the Mind
Jim Louderback: I've spent the past four days literally being doused by a fire hose of amazing information.
Later in the day, a nano/biotechnology round-table continued the discussion. Leading nanotech venture investor Josh Wolfe warned the crowd to beware of "nanopretenders," companies that are repositioning themselves by adding the word "nano" to their existing products.
He said he expects the nanotechnology market to follow the basic biology trend, with first an exponential increase in companies, then a big die-out, and finally just a handful of strong survivors. He sees three types of nanotechnology—materials, semiconductors and electronics, and textiles. Wolfe said he is most excited about medical devices that can come out of nanotechnology material advances, and those that focus on electronics.
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