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Oxonica Finalizes Acquisition of Nanoplex Technologies.(Brief Article)

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| February 09, 2006 | COPYRIGHT 2006 Close-Up Media, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

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Oxonica, a publicly traded international nanotechnology company, announced that it has completed its acquisition of Nanoplex Technologies, Inc., a developer of novel encoded nanoparticles. Nanoplex is to be renamed Oxonica, Inc.

"Nanoplex is now fully part of the Oxonica family," said Michael Natan, CEO of Nanoplex, "and we are excited to be part of a company bringing novel, best-of-breed, nanotechnology-enabled offerings with a solid IP foundation to the market."

"With Nanoplex fully on board, we are now ready to start commercializing a series of biomarker detectors for the life sciences and clinical diagnostics markets," said Oxonica CEO Kevin Matthews. "We expect to begin showcasing ...

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