Sunday, January 22, 2017 12:07:26 PM
Elan Corporation was the leading nanoformulation company and successfully re-formulated the majority of the 13 approved nano-products. Elan sold its delivery business to Alkermis for $980 Million in 2011.
NewGen acquired the MNP technology from Novavax, Inc.(Nasdaq:NVAX) back in 2010. Novavax had spent 10 years and $100M dollars developing the first generation of the platform, and NewGen spent the next 10 years improving it.
http://www.particlesciences.com/docs/Micellar_Nanoparticles-Applications_for_Topical.pdf
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