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Chisso, Kobe University to Create New Company for Thermoresponsive Magnetic Nanoparticle Therma-Max.

Tokyo, Japan, July 27, 2005 - (JCNN) - Chisso announced on July 25 that it will establish Magnabeat Inc. in collaboration with Kobe University this month. The new company, which is to be capitalized at 30 million yen ($270,000), will sell Therma-Max, a thermoresponsive magnetic nanoparticle co-developed by Chisso and Kobe University.

The new company will develop diagnostic agents and testing devices using Therma-Max. A wider range of applications is expected, including genetic and protein analysis, antigen-antibody diagnosis as well as endocrine disruptor testing.

The company will start off with an initial staff of five.

Source: JCN http://www.japancorp.net

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Publication:JCNN News Summaries
Date:Jul 28, 2005
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