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February 5th, 2008
The Spanish subsidiary of UK-based biological nanoparticles specialist Midatech Group has signed a licence agreement giving it new leeway to exploit the therapeutic potential of noble metal nanoparticles.
The exclusive worldwide licence from the Universidad Complutense de Madrid and the Materials Science Institute of Seville bolsters Midatech's intellectual property (IP) portfolio and opens up a range of possible applications for nanoparticles with a noble metal (e.g., gold) core, from localised drug release to cell apoptosis achieved through radiofrequency heating technology.
This latter application is of particular interest to Midatech Andalucia, which was set up in Seville to exploit the group's IP relating to magnetic noble metal nanoparticles and their interaction with external alternating magnetic fields. The Spanish subsidiary is developing a hysteresis heating device for localised destruction of bacteria and cancerous cells.
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