NanoMaterials Technology and Sydney University Awarded Australian Research Council Linkage Grant

May 08, 2006, 01:00 ET from NanoMaterials Technology Pte Ltd

    SINGAPORE, May 8 /Xinhua-PRNewswire/ -- Singapore-based NanoMaterials
 Technology Pte Ltd (''NMT''), together with the University of Sydney, has
 been awarded an Australian Research Council Linkage Grant, with a total
 project funding of US$333,000. This is for research into the high gravity
 precipitation of nanoparticles for pulmonary drug delivery.
     This collaborative project, headed by Associate Professor Hak-Kim Chan
 from the Faculty Pharmacy of the University of Sydney and Dr Jimmy Yun from
 NMT, aims to explore the huge market potential of drug delivery by
 inhalation aerosols using nanoparticles. Nanoparticles can penetrate deeper
 into the lung where they deposit and dissolve faster for enhanced
 therapeutic effects. The project will focus on both the production process
 and the particle properties for aerosol administration.
     About NanoMaterials Technology Pte Ltd (''NMT'')
     Founded in April 2000, NanoMaterials Technology (NMT) is a Singapore
 company that specialises in the development and commercialisation of the
 production technologies of nanomaterials.
     NMT has a proprietary technology called the High Gravity Controlled
 Precipitation (HGCP). The result of this breakthrough is a nanomaterial
 production technology that is simple, easy to scale up and extremely cost
 effective. NMT places great significance in the research and development in
     Contact Details:
     NanoMaterials Technology Pte Ltd
      Ms Grace Yeo
      Tel:   +65-9384-1818
     Cogent Communications Pte Ltd
      Ms Celine Ooi,
      Tel:   +65-6323-3060

SOURCE NanoMaterials Technology Pte Ltd