Nanoly-CU pact aims to keep vaccines cool
Last Updated: 15:16 September 11, 2013
Financial terms of the agreement were not disclosed between Nanoly Bioscience and CU. The company was started by CU-Boulder researchers.
The nano-polymer material can be blended with vaccines to protect against thermal damage during transportation. It was developed by a research team led by Kristi Anseth, a CU-Boulder distinguished professor in the chemical and biological engineering department, and the BioFrontiers Institute.
"We're thrilled to be adapting CU technology and working toward a solution for such an important problem," Balaji Sridhar, a member of Anseth's lab who co-founded Nanoly in 2012 with Anseth lab colleague Mark Tibbitt, said in a press statement.
The World Health Organization estimates that a quarter of all liquid vaccines worldwide are wasted because they're not transported and stored at the correct temperature. Vaccines for measles, tetanus, polio, pertussis and diphtheria, among others, must be kept at 35 to 45 degrees Fahrenheit.
Nanoly has won awards in at least two business competitions. The option agreement was made through the University of Colorado Technology Transfer Office, which licenses intellectual property generated from university research.
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