British Columbia Innovation Council

Congratulations to Precision NanoSystems for progressing to the 3^rd round of this year's BCIC-New Ventures Competition.

Vancouver's Precision NanoSystems Inc. is focused on developing research equipment for the production of nanoparticles. These nanoparticles may be used to package and deliver drugs to specific disease sites in the body, thereby increasing the drug's effectiveness while minimizing adverse effects.  Alternatively,  the nanoparticles can be used to package and deliver other biological agents to target sites in the body to study and better understand the causes and drivers of disease.

The top ten companies advancing to the fourth and final round of the competition will be announced August 31, 2011. The finalists, each vying for a piece of the $375,000 in prize packages, will be awarded September 22, 2011 in Vancouver.

Learn more about the BCIC-New Ventures Competition and the 2^nd annual regional competition launching this fall at www.newventuresbc.com or on Twitter.  The five-month, three-round BCIC-New Ventures Competition: Regional is open to any BC resident located outside metro Vancouver who has not yet secured significant financing from outside investors

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