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December 28th, 2009
Bioscience Authority investments help grow business in Kansas
Abstract:
Three times, the Kansas Bioscience Authority has supported projects at NanoScale, a Manhattan-based company in the business of developing nanomaterials.
NanoScale has developed nanoparticles that will make it easier to detect and then destroy tumors. The company also is creating substances to decontaminate body bags used for humans who have been exposed to biological warfare agents.
If successful, that project could mean a $30 million contract from the Department of Defense to make body bags. But a far greater potential is the substance's application in the medical world. The KBA gave the company $375,000 to study that possibility.
Such funding takes the company's research further than its competitors, said Aaron Madison, vice president of finance and administration.
Source:
ljworld.com
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