Monday, April 16, 2012

NanoMedica puts the focus on low-cost drug research

NanoMedica Inc. represents a poster child — albeit a small one — for the potential of Piedmont Triad Research Park attracting nonlocal life-science research companies.

The company, founded in New Jersey in 2001, moved to the park in early 2011 to work closely with Wake Forest University and Wake Forest Baptist Medical Center researchers. It has three employees, led by Roger Cubicciotti, its co-founder.

The company focuses on lower-cost ways to conduct nanotechnology and molecular biology research and produce breakthrough drug discoveries, particularly involving cancer.

What distinguishes NanoMedica from other startup biotech companies is the level of university personnel involved in its development, business strategy and planning. NanoMedica's contribution to the relationship includes placing more than $100,000 worth of equipment in the university's physics department. More.

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