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Wednesday, February 16, 2005

Could someone miss the boat?

According to research undertaken by LUX the bigger pharma companies seem to be slacking on investing resources into nanotechnology. It bases its conclusions on responses given by heads of nano tech at 33 global corporations whos annual revenue is over Four Billion Euro.........

" No life sciences interviewee rates nanotech as a high corporate
priority, as opposed to 78% of interviewees in electronics and
materials.
Only one out of six life sciences respondents claims to have an
explicit strategy for nanotechnology, compared with two-thirds of
those in other electronics and materials.
Big pharma companies on average commit 16 people and less than half of
one percent of R&D spending to nanotechnology research, whereas
like-sized electronics and materials firms commit more than 100 people
and more than 8% of R&D. "

The report concludes that with a raft of discoverys, bigger companies will have to deal with a whole raft of new partners and contracts. I find it quite amazing to think what this could mean. Could the big companies possibly change soon as this new type of technology develops. Is it possible it might also bring a global business revolution and new ways of business could come about??? No, not likely but possible.

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