As Nanotechnology Gains Visibility, Venture Capital Begins Coming In:

Nanogen is up 11% today.


"Entrepreneurs say that the nanotechnology investment climate is warming up just in time to meet their growing capacity to put investors' money to work expanding research and bringing innovations to market.
'We are really close to the takeoff point where the industry could absorb a lot of money,' said David Ludvigson, chief financial officer of Nanogen, a 10-year-old developer of tools for genetic testing that is one of the few nanotech start-ups to go public before the bursting Internet bubble soured investors on technology stocks. "