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Logix BNP technology are at least 500% faster than the 21-day standard for live TB culture detection. Additionally, other test methods for tuberculosis are expensive, labor intensive and cannot determine if a microbe found in a sample is living or dead. The NanoLogix technology provides a significant advan- tage over conventional methods for detecting TB in developing regions where medical resources are scarce and TB infections are rampant.
anometrics Incorporated (NASDAQ: NANO) introduced the Atlas®
Net loss for the third quarter of 2011 was $9.5 million as compared with $10.9 million for the same period in 2010.
Cash and equivalents at September 30, 2011 were $46.9 million.
http://www.nanosphere.us N II optical critical dimen-
sion (OCD) system, a next-generation tool for high- performance process control metrology. Incorpora- ting innovations in optical components, precision wafer positioning, and new software analysis, the Atlas II enables measurements of the smallest semi- conductor design features in development, inclu- ding complex device structures at 1x nm technology nodes. The Atlas II is compatible with Nanometrics’ Lynx™ cluster metrology platform.
anosphere, Inc. (NASDAQ: NSPH) reported financial results for the third quarter ended Sep-
tember 30, 2011. Revenue for the third quarter of 2011 was $0.6 million, comprised entirely of product sales, as compared to product sales and total revenue for the same period of 2010 of $0.3 million and $0.4 million, respectively. The increase was driven predo- minantly by international system sales.
anostart AG (NASRY) has acquired a licensed asset management company in Russia that will
trade as Nanostart Russia Asset Management Ltd in future. The corresponding contracts have been signed in Moscow and the purchase price of EUR 2.4 million has been paid in cash.
The establishment of Nanostart Russia serves to fulfill the main regulatory conditions for Nanostart’s market entry in Russia as a fund manager in the area of ven- ture capital. The company is domiciled in Moscow with an office in Perm.
The Russian corporation has a license for the admi- nistration of investment funds. In Russia, the area of fund management is centrally regulated. In order to manage and administer third-party funds, assets and participations, fund managers must be authorized or licensed by the relevant authorities in accordance with clearly defined conditions based on the criteria for fund managers as set out by the UK FSA (Finan- cial Services Markets Act) and the US SEC (Securities Exchange Act).
With the acquisition of the future Nanostart Russia Asset Management Ltd, Nanostart is paving the way for the management of venture capital funds in
11-10 :: October 2011