NanomedicineCenter.com

Where does nanomedicine stand in the financial storm

The whole financial market is on it’s knees… It seems like everything is falling apart. All spheres of industry are coping to survive, even the strongest ones. So where does nanomedicine stand in this raging storm?

Nanotechnology, globally, has also reached a critical low. Nothing could resist the strong influence of the global crisis. Nanotechnology’s daughter, nanomedicine, is just slightly suffering. Medical costs are rising and new medical procedures are being demanded by the public (the whole world wants the scientists to find the cure for all the deadly diseases). Every finger points to nanomedicine…

The US National Science Foundation estimates that by 2015. the global nano-related market will top $1 trillion. That will be the fastest growing industry in history. It is assumed that nanotechnology will make a bigger boom that telecommunication/information technology in the 90s.

Most of the economic experts are advising that nanomedicine-related companies are safe to invest in, despite the crisis happening today. Some even say that nanomedicine is the only industry branch that is safe to invest in.

Biotechnology is the future

„I would like to see biotechnology leading us to economic success in the future. I would like it to be the driving force of our development. I know biotechnology (nanomedicine) will change the world and I would like us to be the best in it.“ says Prime minister of Malaysia.

At a conference, held in Kuala Lumpur, the capital of Malaysia, Mr. Badawi said that he believes in biotechnology and that he thinks that Malaysian scientists should work hard and be the leaders in this science segment. Malaysian government is investing significant amounts of money into research and they’re expecting results.

Malaysia has an economic growth of five percent per year, which is amazing. They think that by exploring the biotechnology field, they can do even better.

New breast cancer imaging technique

Researchers from Penn State Milton S. Hershey Medical Center have discovered a new imaging method for breast cancer. It’s all about fluorescent parts in calcium phosphate nanoparticles and near infrared imaging.

We all know that one of the main characteristics of nanomedicine is disease’s early detection. Imaging methods of today (x-rays, MRI) are limited. That’s why the new method called near infrared imaging can help. By combining near infrared imaging and certain nanoparticles, scientists have been able to discover a 5mm breast cancer in mice.

The nanoparticle that’s used contains a specific dye in it – indocyanine green. It is approved by FDA and can be used without any consequences.