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Mumbai:
Harvard has announced exclusive licensing for more
than 50 current and pending patents to Nano-Terra, a
company co-founded by Whitesides,. In a deal that could
transform the little-known start-up into one of nanotechnology''s
most closely watched companies.
George M. Whitesides, a Harvard University chemist and
a renowned specialist in nanotechnology - a new technology
being built on the behavior of materials as small as
one molecule thick.
Whitesides
and his team amassed the huge patent portfolio at Harvard
over the last 25 years based on work in his lab.
"It''s
the largest patent portfolio I remember, and it may
be our largest ever," said Isaac T. Kohlberg, who
has overseen the commercialisation of Harvard''s patent
portfolio since 2005.
Nano-Terra,
based in Cambridge, Massachusets., said the patent filing
and maintenance costs alone top $2 million.
Terms
of the deal were not disclosed, but Harvard said it
would receive a significant equity stake in Nano-Terra
in addition to royalties.
The
patents cover methods of manipulating matter at the
nanometer and micron scales to create novel surfaces
and combinations of materials. A nanometer is a billionth
of a meter; a micron is 1,000 times larger (pollen and
many single-cell animals are measured in microns).
Such
technology could lead to products to make better paints
and windows, safer and cleaner chemicals, and more efficient
solar panels.
The
patents cover virtually all non-biological applications.
The biology related research--mostly in health care--had
previously been licensed to companies, including Genzyme,
GelTex (sold to Genzyme for $1.2 billion in 1993), Theravance
and two privately held start-ups, Surface Logix and
WMR Biomedical.
Nano-Terra,
though, is selling no products. It is just offering
manufacturing and design skills in realms where flexibility
and low costs are crucial.
The
best-known patents cover soft lithography, Whitesides''
method of depositing extremely thin layers of material
onto a surface
in carefully controlled patterns. It can work over larger
surfaces than photolithography, which is widely used
to make microchips. Perhaps even more intriguing, soft
lithography can work on highly irregular or rounded
surfaces where photolithography is all but impossible.
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