Aug 29 2007
MFIC Corporation, an industry-leader in high-shear processing equipment to produce the most uniform and smallest liquid and solid particles available for the biotech, pharmaceutical, chemical, personal care and food industries announced today that its wholly owned subsidiary, Microfluidics, has been named a technology category winner in the third annual Nanotech Briefs(R) Nano 50(TM) Awards. Microfluidics received the award for its revolutionary new Microfluidics Reaction Technology (MRT) - a next-generation approach in the production of nanosuspensions to help pharmaceutical and biotechnology companies develop and ultimately manufacture difficult to formulate drugs.
The Nano 50 recognizes the top 50 technologies, products, and innovators that have significantly impacted, or are expected to impact, the state-of-the-art in nanotechnology. The recipients of the Nano 50 awards comprise the innovative people and designs that will move nanotechnology to key mainstream markets. Nano 50 nominations were judged by a panel of nanotechnology experts.
"The advent of MRT could potentially unlock drugs, vaccines and drug delivery systems that to date could not be formulated," said Dr. Thomai Panagiotou, Vice President of Research and Development at Microfluidics and head of the Company's MRT program. "MRT provides a critical advancement in the field of drug formulation and positions MFIC as a clear technology leader. We anticipate introducing a new line of equipment to facilitate the MRT process late in the fourth quarter of this year or early in the first quarter of 2008, providing our customers with an additional effective and efficient solution for the creation of promising, new therapeutics."