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Biophan Receives Award for Innovation in Nanotechnology

Posted in | Nanomedicine | Nanobusiness

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Biophan Technologies, a developer of next-generation biomedical technology, announced that it has been named to receive the Nano Science and Technology Institute's (NSTI) Early Stage Company Award, to be presented at its February 23-25 conference in Tokyo, Japan.

The ICS-NSTI's Early Stage Company Award recognizes superior innovation and achievement by development-stage companies providing leadership in the science and business of nanotechnology. NSTI is a respected organization that works to promote education, research and business development in nanoscience and related fields. Biophan has developed a rich portfolio of patents and intellectual property that provide a range of solutions to important problems in healthcare, among them, the application of nanotechnology to improve the safety and effectiveness of Magnetic Resonance Imaging (MRI), one of medicine's most important diagnostic tools.

"We're gratified that Biophan's continuing advances in nanotechnology have been recognized by the Nano Science and Technology Institute," said Michael Weiner, Biophan's CEO. "The award is an important validation of Biophan's research and development in applications of nanotechnology that have the potential to enable substantial advances in healthcare and the life sciences, and to incorporate nanotechnology into the multi-billion-dollar worldwide markets in medical devices, drug delivery, power systems, and other sectors. Our company is built on the development of intellectual property from the laboratory to the marketplace, and the ISC-NSTI Early Stage Company Award helps demonstrate our contributions to the nanoscience space."

The ICS-NSTI Early Stage Company Award includes a modest cash award and an invitation for Biophan's representative to address attendees at the Tokyo conference, to present the Company's advanced nanotechnology-based biomedical solutions and research. Approximately 20,000 nanoscience research and business professionals are expected to attend the conference.

In addition, Biophan has been accepted by NSTI into its Nanotech Ventures program commencing at the Nanotech 2005 Conference and Trade Show on May 8-12, in Anaheim, California. Biophan will make a presentation at that gathering, as part of the organization's Nanotech 2005 Early Stage Company Review, a forum designed to allow companies to showcase their technologies and solutions.

http://www.biophan.com

Posted 22nd February 2005

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