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April 25th, 2008

Nanotechnology: SE Michigan's Industrial Revolution

Abstract:
n general, says Wise, "the facilities here in Michigan are really competitive with any facilities in the country, especially in microsystems and quantum devices. We continue to spin out startups in the areas of microsytems and sensors, and we're very close to achieving a critical mass in this area. I think this could be very important for Southeast Michigan. The clean room we dedicated is definitely a catalyst for jobs creation and it's really changing the high tech environment here. It's providing a resource to get a lot of the high tech industry started here and also attracted here."

Among the start-ups gaining ground is Ann Arbor-based NanoBio Corporation, a biopharmaceutical company working to develop new products for the prevention and treatment of infectious diseases. Founded in 2000 as a spin-off from the University of Michigan's Center for Biologic Nanotechnology, NanoBio has received some $31 million in federal and state grants and $30 million in private funding to develop anitinfectants and mucosal vaccines that may hit the commercial market as early as 2010.

Source:
metromodemedia.com

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