Edwards' Nanotech Index Up on the Week
The Edwards’ Real Nanotech Index was up over 1% last week (see below). The increase was thanks largely to a good performance by NVE Corp., subject of the previous blog post, as well as by nanomaterials companies Altair Nanotechnologies and Raymor, and by the nanotools company, FEI Co.
Nanophase [NANX: NASDAQ] today announced a long-term supply agreement with Roche Diagnostics to supply nanoparticles for certain medical diagnostic applications through 2014. Details are a little sketchy, but the announcement was enough to bounce the price of the stock up over a buck, as this is written. Earnings results are expected from both Nanophase and Altair Nanotechnologies [ALTI: NASDAQ} this week.
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