Vegrandis Receives Federal Grant for Nanotechnology Device
Instrument under Development Will Help Allergy Sufferers Reduce Exposure
Carbon nanopipettes have a shape and structure that is unlike other nanoscale devices. CNPs can be applied for fluid handling in high-throughput, micro-titer assays with off-the-shelf 96, 384, and 1536 well plates. In addition, since carbon is conductive, the CNPs can act as individually addressable electrodes for electrochemical analysis at nanoscale. The nanopipette and nanoelectrode properties can be employed simultaneously for a complete fluid handling/electrochemical detection system.
There are numerous market segments in which Vegrandis can compete using the CNP technology. The micro-titer assay market is already a multi-billion dollar market. Other emerging markets could also provide a strong opportunity for the CNP technology. For example, drug discovery has been driving high throughput screening (HTS) methods to higher density formats and smaller assay volumes. The HTS market has been growing at about a 19% annual rate and is expected to be about a $540 million market by 2009.
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