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Where does nanomedicine stand in the financial storm


October 11th, 2008 Posted in Investing

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.

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