Tech Transfer eNews Blog

South Dakota Mines start-up acquired for technology that lowers costs of vaccines and medicines

By Jesse Schwartz
Published: October 14th, 2020

A startup from South Dakota School of Mines and Technology has been acquired for its revolutionary filters that reduce the cost and manufacturing time for lifesaving vaccines and medicines.

Nanopareil uses sprayable nanofibers to create a new type of filter material that makes it cheaper to purify vaccines and medications, thus making them more accessible and less expensive around the globe. Gamma Biosciences, a life science tools platform, has acquired Nanopareil and will operate the start-up as part of its existing subsidiary, Astrea Bioseparations.

“Gamma plans to invest substantially in further productization and technology development, application development and customer support as it establishes Nanopareil as a key platform within Astrea’s growing range of products,” a statement from Gamma reads.

“The Astrea team has a strong track record of bringing innovative new products to the market,” says Craig Arnold, CEO of Nanopareil. “With their leadership and capabilities, Nanopareil will be well positioned to become the next-generation market leader.”

Joseph Wright, associate vice president for research and economic development at South Dakota School of Mines and Technology, comments, “This might be the first time a product developed by research at a South Dakota university has seen an acquisition of this magnitude and importance. This would be a big deal for any major research university, but for a smaller school like South Dakota Mines, it’s virtually unprecedented. This demonstrates that Mines researchers can be world leaders in research and innovation.”

Source: Brookings Register

Posted under: Tech Transfer e-News

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