Midatech gains nanoparticle IP license

Midatech Andalucia, a Spanish subsidiary of the UK's Midatech Group, a world leader in the production and application of synthetically produced biological nanoparticles, has signed an exclusive worldwide license agreement with the Spain's Universidad Complutense de Madrid and the Materials Science Institute of Seville, which is a shared center of the Consejo Superior de Investigaciones Cientificas and the University of Sevilla. The license allows Midatech Andalucia to extend its world leadership in the field of localized heating of mammalian, bacterial and plant cells. This extends Midatech's priority applications dating back to 2000 and 2003 respectively (WO 02/32404, WO 04/108165) to now include the important discovery of magnetic behavior in noble metal nanoparticles.