Nano Precision Medical Case Study

Nano Precision Medical is an early-stage start-up company located in Emeryville, CA. Its founders are Adam Mendelsohn, Kayte Fischer, and Lily Peng. Their entrepreneurial story began in December 2007 while they were part of a Joint Graduate Group in Bioengineering under the supervision of Professor Tejal Desai at the University of California, San Francisco (UCSF). Adam Mendelsohn, Ph.D. was working on “describing new treatment options for Type 1 diabetes through the immuno-isolated transplantation of insulin-producing cells” [4]. Kayte Fischer, Ph.D. was focused on Therapeutic Micro and Nanotechnology, working on nanostructured materials in the context of gastrointestinal drug delivery with innovative adhesive properties. Meanwhile, Lily Peng, Ph.D. research focused on drug delivery and tissue engineering applications using titanium nanostructured surfaces and membranes. With the conjunction of their expertise they came with the idea and business plan of Nano Precision Medical and they won a series of business plan competitions such as: UC Berkeley Nanoclub Technology Challenge (First place, Fall 2007), ASME Innovator Showcase (Second place, Summer 2008), UC Berkeley Venture Lab Competition (Winner, Fall 2008), …show more content…
The mission of Nano Precision Medical is to improve chronic diseases treatment by providing prolonged medication levels (for up to a year) without the need for continual injections. NanoPortal “it is the only one of its kind made entirely from titanium and titanium-oxide, biocompatible materials extensively used in FDA-approved implants”