Nanotech funding to grow to $8.6 billion
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Spending on research will more than double this year, with a growing amount coming from the private sector.
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WASHINGTON, March 7  /PRNewswire/ -- Nanotechnology -- the so-called "science of the small" -- is raising some really big questions about the adequacy of the current federal oversight system.
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The state's bid for leadership in the emerging field of nanotechnology got a boost yesterday when the National Science Foundation awarded a $12.4 million five-year grant to a consortium, led by Northeastern University, to create an engineering center to develop tools and processes for building nanoscale devices.
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This nanotech fund has many strengths, but also a few weaknesses.
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Wyeth is seeking US approval in the next 18 months of seven new drugs that may ultimately generate more than $6 billion in annual revenue, chief executive Robert Essner told analysts.
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Samsung Electronics, the world's largest manufacturer of computer memory chips, said it would invest 680 billion won (647 million dollars) to expand capacity at its flash memory plant.
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Nurtured by billions of dollars in government grants and venture investments, nanotechnology companies are getting ready to go public.
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Company teams up with nanotech firms to develop high-performance plastics.
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The nation's highest honor for science will be awarded to eight individuals next month, while technology awards will go to six people, a company and a foundation.
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Global sales of microchips are expected to rise about 10 percent to $273.8 billion this year after increasing 8.9 percent to $247.7 billion in 2006, an industry group said on Friday.
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Qualcomm and Samsung Investment VentureÂ have each invested $8 million in Advanced Micro-Fabrication Equipment Co. (AMEC), a Chinese company that plans to develop and sell equipment used to manufacture semiconductors.
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A $9.7 million research grant for the Fred Hutchinson Cancer Research Center in Seattle to fight cancer will draw on emerging research efforts at the Pacific Northwest National Laboratory in Richland.
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For a science that's about manipulating substances at the molecular level, nanotechnology is starting to bring big profits to many consumer product makers.
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Venture capital investments in U.S. startups climbed to a six-year high of $29.4 billion in 2007, raising hope that ample money will still be available to back promising new ideas
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Hundreds of millions in federal funds are authorized for research and early intervention.
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By Valerie Strauss, Washington Post Staff Writer  Scientist Robert P.H. Chang of Northwestern University had no trouble persuading education officials in Mexico to introduce the burgeoning field of nanotechnology to schools there, but it's been a far tougher sell in the United States.
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Combating malaria has been one of the primary goals of the Bill and Melinda Gates Foundation, and its latest gift of $42.6 million will fund a nonprofit drug company&#39;s high-tech take on an ancient Chinese remedy.