Merck KGaA and Nano-Terra Announce Extension of Nanotechnology
Solutions Alliance
DARMSTADT, Germany (Business Wire EON/PRWEB ) October 7, 2008 --
Merck
KGaA (EMD
in North America) announced today the extension of its existing
strategic alliance with Nano-Terra,
Inc., a leading nanotechnology
co-development company.
The original agreement between the companies, announced in February
2007, was to develop innovative, nanotechnology-based products and
solutions based on Merck’s materials.
After successfully meeting initial development milestones, this new
agreement will focus on specific application development for Merck
customers and moving the technical capabilities into the marketplace for
commercialization.
Under the new agreement, which extends the partnership through 2011,
Nano-Terra will develop novel application techniques for existing Merck
materials which are designed to address market opportunities where
smaller (micron and nanometer)
feature sizes are required for certain printable electronics components.
The Merck fabrication processes will be based on Nano-Terra’s
proprietary soft
lithography technology, invented and pioneered by Professor
George Whitesides of Harvard
University, a co-founder of Nano-Terra, and the partners will share
commercialization rights on a global basis. Terms of the agreement were
not disclosed.
The new development work will be done at Nano-Terra's lab facilities in
Cambridge, with close cooperation of a Merck scientific team and by EMD
Chemicals, Merck's North American affiliate.
Dr. Thomas Geelhaar, Vice President Liquid Crystals R&D and Business
Development Chemicals of Merck KGaA, said, "We were very pleased by the
progress made in the initial stages of our relationship with Nano-Terra.
We look forward to our continued collaboration with Professor Whitesides
and his team, and to building on these developments to create specific
products which we believe will provide significant benefits to our
customers.”
"Through its embrace of innovative technologies and applications, Merck
continues to underscore its commitment as a pioneer in research and
development,” said Dr. Carmichael Roberts,
Vice Chairman of Nano-Terra. "We are delighted to extend our working
relationship with them and to enhance their exploration of how to best
optimize materials to improve products and processes for its customers.”
In 2006, Merck bestowed on Professor Whitesides the prestigious Emanuel
Merck Lectureship prize.
About Nano-Terra, Inc.
Nano-Terra is a privately-held research and development company which
has field-exclusive
licenses to more than 50 patents on work done by co-founder Dr.
George Whitesides at the renowned Whitesides Lab at Harvard
University, where he is the Woodford L. and Ann A. Flowers University
Professor. He is the recipient of the 2007 Priestley Medal.
The company leverages its intellectual property through co-development
and other agreements with Fortune 500 industrial and manufacturing
companies and the U.S. government. Nano-Terra’s
scientific methods can be used to fabricate advanced materials and
devices that enhance existing products or create entirely new products
in a broad range of areas. These include smart materials and surfaces; flexible
electronics such as displays and electronic
packaging; fuel cells, batteries and solar power devices; sensors;
industrial products and processes; and a wide range of consumer goods.
For more information, visit www.nanoterra.com.
About EMD Chemicals Inc.
EMD Chemicals represents the North American chemical sector of Merck
KGaA, Darmstadt, Germany. As an international organization with 1,100
employees and revenues of more than $US 350 million, EMD Chemicals
focuses on specialty chemicals for pharmaceutical, biotech, cosmetic,
agricultural, automotive, plastics, electronics and other industrial
applications.
All Merck Press Releases are distributed by e-mail at the same time they
become available on the Merck Website. Please go to http://www.subscribe.merck.de
to register online, change your selection or discontinue this service.
Merck is a global pharmaceutical and chemical company with sales of EUR
6.3 billion in 2006, a history that began in 1668, and a future shaped
about 35,000 employees (including Merck Serono) in 56 countries. Its
success is characterized by innovations from entrepreneurial employees.
Merck's operating activities come under the umbrella of Merck KGaA, in
which the Merck family holds an approximately 70% interest and free
shareholders own the remaining approximately 30%. In 1917 the U.S.
subsidiary Merck & Co. was expropriated and has been an independent
company ever since.
See the original story at: http://eon.businesswire.com/releases/merck_kgaa/emd_chemicals/prweb1443764.htm
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