Why a $30 million CryptoPunks auction fell apart at the last minute – The Verge

In the Sothebys salesroom one evening in late February, fluorescent lights beamed down on the assembled crowd. A sea of spectators is not unusual for Sothebys the 278-year-old auction house typically hosts more than 600 sales per year but this sale was different. It was the auction houses first-ever evening sale dedicated solely to NFTs.

Sothebys described the event, titled Punk it!, as a truly historic sale for an undeniably historic NFT project. It consisted of a single lot 104 CryptoPunks sold as an all-or-nothing bundle. Sothebys estimated the bundle would go for $2030 million, on par with sales of paintings by David Hockney or Jean-Michel Basquiat.

To drum up interest, the auction house had thrown a series of events aimed at attracting prospective punk-buyers. There was a pre-auction dinner for VIP Punk holders and an afterparty with DJ Seedphrase, known for the enormous CryptoPunk headpiece he wears while playing sets. The campaign worked: the crowd on the day of the auction included Nicole Muniz, the CEO of Yuga Labs, as well as NFT influencer Andrew Wang and Nifty Gateway co-founders Duncan and Griffin Cock Foster.

Eli Tan, a writer at crypto news outlet CoinDesk, remembers a party atmosphere. The actual sale seemed like kind of a secondary thing, he explains.

Then, things got weird. The indicated start time of the sale, 7PM, came and went. Five minutes passed, then 20. Finally, a voice on the intercom announced that the lot had been withdrawn. Gasps could be heard in the salesroom. After weeks of preparation, the sale was canceled and no one was sure why.

Sothebys says the lot was pulled after discussions with the seller, but theres been little other explanation including whether the decision came from the auction house or the seller. Artnet reported that Sothebys pulled the lot due to lack of interest, while the seller tweeted simply that they had decided to hodl.

Its not uncommon for lots to be pulled ahead of sales, although its typically the result of legal concerns or fear of a flop, as The New York Times noted after the failed auction. But for anyone dealing with auction houses or NFTs, it was hard not to speculate on the mysterious no-show. Kenny Schachter, art world provocateur and NFT collector who attended the sale, believes the seller pulled the lot after being informed by the auction house that it was unlikely to sell for the low estimate. Schachter even heard rumors of a legitimate and significant offer that the seller declined in advance of the failed auction one that cleared $10 million but still fell short of the lower end of the estimate.

It should have been a high point for CryptoPunks as a collection. Just a few months earlier, BAYC had sold a bundle of 101 tokens for $24 million, and CryptoPunks fans were primed for a similar victory. Instead, punk-holders left the auction feeling burned and for good reason. They were pretty devastated, Tan says. They were showing me their Punks and they were like, this is the end, probably.

They werent the only ones watching. Less than three weeks after the auction, Yuga Labs would acquire CryptoPunks, effectively ending the projects run as an independent NFT juggernaut. Tan suspects the Yuga Labs team, including CEO Muniz, could have been at the sale to scope out the Punks market.

But despite the risks, theres a real value to putting NFTs up for auction and the anonymous seller seems to have come away from the auction just fine. A few weeks after the sale, it was reported that the seller took out an $8 million loan against the Punks with the help of NFTfi and MetaStreet.

Stephen Young, co-founder of NFTfi, a platform that allows NFT collectors to use their NFTs as collateral on loans, explains that selling at a traditional auction house is a way to give a collection an institutional stamp of approval a precursor to this kind of loan. According to Young, if an NFT from a collection has sold once at Sothebys or Christies, its enough to inflate the price and legitimize the entire collection.

Thats the only reason they do it, Young said of NFT collectors selling at the big houses. You pay the 20% that gives you that [stamp of approval], but its made all of your other CryptoPunks worth 20 percent more, so its more than worth it.

Before Christies $69 million sale of Beeples opus put NFTs on the mainstream art worlds radar in March 2021, Sothebys and Christies were known, at least to those outside the art world, as places to buy expensive rare objects from the collections of the well-off (and often, the recently deceased). Now, the auction houses are selling NFTs of Pepe The Frog with the same pomp and circumstance.

But it didnt happen overnight. Both Sothebys and Christies have been forced to modernize to keep up with an increasingly young and international collector base. Both houses have expanded into selling sneakers and pop culture memorabilia. In the process, theyve elevated Nike SBs and T. rex skeletons into rarified cultural artifacts. It follows that the houses foray into crypto may look like an attempt to elevate NFTs to the status of Monet and Rembrandt, but its actually much simpler: Theres a market.

They would like a chunk of [the NFT] market, of course, says Schachter. They would like a chunk of selling dirty underwear, if there was a market for it. They dont care.

According to Tim Schneider, art business editor at Artnet News who has covered NFTs since before the CryptoKitties days, businesses like Christies and Sothebys have an interest in converting anyone with cash to spend into a power bidder.

Some corners of the crypto world clearly have cash to spend, and NFT sales last year allegedly brought in significant amounts of new bidders (according to Sothebys end-of-year report in 2021, about 80 percent of NFT bidders were new to the auction house). A high-level official at the auction house confirmed that part of their long-term goal is to make it easier for crypto-native collectors to transact, as well as establish NFTs as a new collecting category for the traditional art world.

And in brief flashes, it seems like Sothebys strategy may be working: Crypto billionaire Justin Sun spent more than $100 million on art last fall, including $78 million on a record-breaking Giacometti sculpture at Sothebys but that may be one of the only examples weve seen so far, at least publicly, where a crypto bro has shown a noted interest in fine art.

For all of the lip service being paid to the notion of cross-collecting and people who started off in NFTs getting interested in other traditional artworks, Schneider explains, were not seeing a tremendous amount of organic integration between NFTs and the art establishment. After we spoke, Schneider reported in Artnet that Sothebys has pulled back on the crypto-art-crossover: The auction house notably did not accept cryptocurrency as a payment for any lots during their most recent slate of evening sales, as they had done in 2021.

As embarrassing as the failed auction was in the short term, Schachter still thinks Sothebys and the other houses got back more than they put in. The auction houses are not going to weep, he says. One deal goes down, and then they just move on to the next.

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Why a $30 million CryptoPunks auction fell apart at the last minute - The Verge

Nanorobotics – Wikipedia

"Nanobots" redirects here. For the They Might Be Giants album, see Nanobots (album).

Emerging technology field

Nanoid robotics, or for short, nanorobotics or nanobotics, is an emerging technology field creating machines or robots whose components are at or near the scale of a nanometer (109 meters).[1][2][3] More specifically, nanorobotics (as opposed to microrobotics) refers to the nanotechnology engineering discipline of designing and building nanorobots with devices ranging in size from 0.1 to 10 micrometres and constructed of nanoscale or molecular components.[4][5] The terms nanobot, nanoid, nanite, nanomachine and nanomite have also been used to describe such devices currently under research and development.[6][7]

Nanomachines are largely in the research and development phase,[8] but some primitive molecular machines and nanomotors have been tested. An example is a sensor having a switch approximately 1.5 nanometers across, able to count specific molecules in the chemical sample. The first useful applications of nanomachines may be in nanomedicine. For example,[9] biological machines could be used to identify and destroy cancer cells.[10][11] Another potential application is the detection of toxic chemicals, and the measurement of their concentrations, in the environment. Rice University has demonstrated a single-molecule car developed by a chemical process and including Buckminsterfullerenes (buckyballs) for wheels. It is actuated by controlling the environmental temperature and by positioning a scanning tunneling microscope tip.

Another definition[whose?] is a robot that allows precise interactions with nanoscale objects, or can manipulate with nanoscale resolution. Such devices are more related to microscopy or scanning probe microscopy, instead of the description of nanorobots as molecular machines. Using the microscopy definition, even a large apparatus such as an atomic force microscope can be considered a nanorobotic instrument when configured to perform nanomanipulation. For this viewpoint, macroscale robots or microrobots that can move with nanoscale precision can also be considered nanorobots.

According to Richard Feynman, it was his former graduate student and collaborator Albert Hibbs who originally suggested to him (circa 1959) the idea of a medical use for Feynman's theoretical micro-machines (see biological machine). Hibbs suggested that certain repair machines might one day be reduced in size to the point that it would, in theory, be possible to (as Feynman put it) "swallow the surgeon". The idea was incorporated into Feynman's 1959 essay There's Plenty of Room at the Bottom.[12]

Since nano-robots would be microscopic in size, it would probably be necessary[according to whom?] for very large numbers of them to work together to perform microscopic and macroscopic tasks. These nano-robot swarms, both those unable to replicate (as in utility fog) and those able to replicate unconstrained in the natural environment (as in grey goo and synthetic biology), are found in many science fiction stories, such as the Borg nano-probes in Star Trek and The Outer Limits episode "The New Breed".Some proponents of nano-robotics, in reaction to the grey goo scenarios that they earlier helped to propagate, hold the view that nano-robots able to replicate outside of a restricted factory environment do not form a necessary part of a purported productive nanotechnology, and that the process of self-replication, were it ever to be developed, could be made inherently safe. They further assert that their current plans for developing and using molecular manufacturing do not in fact include free-foraging replicators.[13][14]

A detailed theoretical discussion of nanorobotics, including specific design issues such as sensing, power communication, navigation, manipulation, locomotion, and onboard computation, has been presented in the medical context of nanomedicine by Robert Freitas.[15][16] Some of these discussions[which?] remain at the level of unbuildable generality and do not approach the level of detailed engineering.

A document with a proposal on nanobiotech development using open design technology methods, as in open-source hardware and open-source software, has been addressed to the United Nations General Assembly.[17] According to the document sent to the United Nations, in the same way that open source has in recent years accelerated the development of computer systems, a similar approach should benefit the society at large and accelerate nanorobotics development. The use of nanobiotechnology should be established as a human heritage for the coming generations, and developed as an open technology based on ethical practices for peaceful purposes. Open technology is stated as a fundamental key for such an aim.

In the same ways that technology research and development drove the space race and nuclear arms race, a race for nanorobots is occurring.[18][19][20][21][22] There is plenty of ground allowing nanorobots to be included among the emerging technologies.[23] Some of the reasons are that large corporations, such as General Electric, Hewlett-Packard, Synopsys, Northrop Grumman and Siemens have been recently working in the development and research of nanorobots;[24][25][26][27][28] surgeons are getting involved and starting to propose ways to apply nanorobots for common medical procedures;[29] universities and research institutes were granted funds by government agencies exceeding $2 billion towards research developing nanodevices for medicine;[30][31] bankers are also strategically investing with the intent to acquire beforehand rights and royalties on future nanorobots commercialisation.[32] Some aspects of nanorobot litigation and related issues linked to monopoly have already arisen.[33][34][35] A large number of patents has been granted recently on nanorobots, done mostly for patent agents, companies specialized solely on building patent portfolios, and lawyers. After a long series of patents and eventually litigations, see for example the invention of radio, or the war of currents, emerging fields of technology tend to become a monopoly, which normally is dominated by large corporations.[36]

Manufacturing nanomachines assembled from molecular components is a very challenging task. Because of the level of difficulty, many engineers and scientists continue working cooperatively across multidisciplinary approaches to achieve breakthroughs in this new area of development. Thus, it is quite understandable the importance of the following distinct techniques currently applied towards manufacturing nanorobots:

The joint use of nanoelectronics, photolithography, and new biomaterials provides a possible approach to manufacturing nanorobots for common medical uses, such as surgical instrumentation, diagnosis, and drug delivery.[37][38][39] This method for manufacturing on nanotechnology scale is in use in the electronics industry since 2008.[40] So, practical nanorobots should be integrated as nanoelectronics devices, which will allow tele-operation and advanced capabilities for medical instrumentation.[41][42]

A nucleic acid robot (nubot) is an organic molecular machine at the nanoscale.[43] DNA structure can provide means to assemble 2D and 3D nanomechanical devices. DNA based machines can be activated using small molecules, proteins and other molecules of DNA.[44][45][46] Biological circuit gates based on DNA materials have been engineered as molecular machines to allow in-vitro drug delivery for targeted health problems.[47] Such material based systems would work most closely to smart biomaterial drug system delivery,[48] while not allowing precise in vivo teleoperation of such engineered prototypes.

Several reports have demonstrated the attachment of synthetic molecular motors to surfaces.[49][50] These primitive nanomachines have been shown to undergo machine-like motions when confined to the surface of a macroscopic material. The surface anchored motors could potentially be used to move and position nanoscale materials on a surface in the manner of a conveyor belt.

Nanofactory Collaboration,[51] founded by Robert Freitas and Ralph Merkle in 2000 and involving 23 researchers from 10 organizations and 4 countries, focuses on developing a practical research agenda[52] specifically aimed at developing positionally-controlled diamond mechanosynthesis and a diamondoid nanofactory that would have the capability of building diamondoid medical nanorobots.

The emerging field of bio-hybrid systems combines biological and synthetic structural elements for biomedical or robotic applications. The constituting elements of bio-nanoelectromechanical systems (BioNEMS) are of nanoscale size, for example DNA, proteins or nanostructured mechanical parts. Thiol-ene e-beams resist allow the direct writing of nanoscale features, followed by the functionalization of the natively reactive resist surface with biomolecules.[53] Other approaches use a biodegradable material attached to magnetic particles that allow them to be guided around the body.[54]

This approach proposes the use of biological microorganisms, like the bacterium Escherichia coli[55] and Salmonella typhimurium.[56]Thus the model uses a flagellum for propulsion purposes. Electromagnetic fields normally control the motion of this kind of biological integrated device.[57]Chemists at the University of Nebraska have created a humidity gauge by fusing a bacterium to a silicon computer chip.[58]

Retroviruses can be retrained to attach to cells and replace DNA. They go through a process called reverse transcription to deliver genetic packaging in a vector.[59] Usually, these devices are Pol Gag genes of the virus for the Capsid and Delivery system. This process is called retroviral gene therapy, having the ability to re-engineer cellular DNA by usage of viral vectors.[60] This approach has appeared in the form of retroviral, adenoviral, and lentiviral gene delivery systems.[61][62] These gene therapy vectors have been used in cats to send genes into the genetically modified organism (GMO), causing it to display the trait.[63]

3D printing is the process by which a three-dimensional structure is built through the various processes of additive manufacturing. Nanoscale 3D printing involves many of the same process, incorporated at a much smaller scale. To print a structure in the 5-400m scale, the precision of the 3D printing machine needs to be improved greatly. A two-step process of 3D printing, using a 3D printing and laser etched plates method was incorporated as an improvement technique.[64] To be more precise at a nanoscale, the 3D printing process uses a laser etching machine, which etches the details needed for the segments of nanorobots into each plate. The plate is then transferred to the 3D printer, which fills the etched regions with the desired nanoparticle. The 3D printing process is repeated until the nanorobot is built from the bottom up. This 3D printing process has many benefits. First, it increases the overall accuracy of the printing process.[citation needed] Second, it has the potential to create functional segments of a nanorobot.[64] The 3D printer uses a liquid resin, which is hardened at precisely the correct spots by a focused laser beam. The focal point of the laser beam is guided through the resin by movable mirrors and leaves behind a hardened line of solid polymer, just a few hundred nanometers wide. This fine resolution enables the creation of intricately structured sculptures as tiny as a grain of sand. This process takes place by using photoactive resins, which are hardened by the laser at an extremely small scale to create the structure. This process is quick by nanoscale 3D printing standards. Ultra-small features can be made with the 3D micro-fabrication technique used in multiphoton photopolymerisation. This approach uses a focused laser to trace the desired 3D object into a block of gel. Due to the nonlinear nature of photo excitation, the gel is cured to a solid only in the places where the laser was focused while the remaining gel is then washed away. Feature sizes of under 100nm are easily produced, as well as complex structures with moving and interlocked parts.[65]

There are number of challenges and problems that should be addressed when designing and building nanoscale machines with movable parts. The most obvious one is the need of developing very fine tools and manipulation techniques capable of assembling individual nanostructures with high precision into operational device. Less evident challenge is related to peculiarities of adhesion and friction on nanoscale. It is impossible to take existing design of macroscopic device with movable parts and just reduce it to the nanoscale. Such approach will not work due to high surface energy of nanostructures, which means that all contacting parts will stick together following the energy minimization principle. The adhesion and static friction between parts can easily exceed the strength of materials, so the parts will break before they start to move relative to each other. This leads to the need to design movable structures with minimal contact area [[66]].

Potential uses for nanorobotics in medicine include early diagnosis and targeted drug-delivery for cancer,[67][68][69] biomedical instrumentation,[70] surgery,[71][72] pharmacokinetics,[10] monitoring of diabetes,[73][74][75] and health care.

In such plans, future medical nanotechnology is expected to employ nanorobots injected into the patient to perform work at a cellular level. Such nanorobots intended for use in medicine should be non-replicating, as replication would needlessly increase device complexity, reduce reliability, and interfere with the medical mission.

Nanotechnology provides a wide range of new technologies for developing customized means to optimize the delivery of pharmaceutical drugs. Today, harmful side effects of treatments such as chemotherapy are commonly a result of drug delivery methods that don't pinpoint their intended target cells accurately.[76] Researchers at Harvard and MIT, however, have been able to attach special RNA strands, measuring nearly 10nm in diameter, to nanoparticles, filling them with a chemotherapy drug. These RNA strands are attracted to cancer cells. When the nanoparticle encounters a cancer cell, it adheres to it, and releases the drug into the cancer cell.[77] This directed method of drug delivery has great potential for treating cancer patients while avoiding negative effects (commonly associated with improper drug delivery).[76][78] The first demonstration of nanomotors operating in living organisms was carried out in 2014 at University of California, San Diego.[79] MRI-guided nanocapsules are one potential precursor to nanorobots.[80]

Another useful application of nanorobots is assisting in the repair of tissue cells alongside white blood cells.[81] Recruiting inflammatory cells or white blood cells (which include neutrophil granulocytes, lymphocytes, monocytes, and mast cells) to the affected area is the first response of tissues to injury.[82] Because of their small size, nanorobots could attach themselves to the surface of recruited white cells, to squeeze their way out through the walls of blood vessels and arrive at the injury site, where they can assist in the tissue repair process. Certain substances could possibly be used to accelerate the recovery.

The science behind this mechanism is quite complex. Passage of cells across the blood endothelium, a process known as transmigration, is a mechanism involving engagement of cell surface receptors to adhesion molecules, active force exertion and dilation of the vessel walls and physical deformation of the migrating cells. By attaching themselves to migrating inflammatory cells, the robots can in effect "hitch a ride" across the blood vessels, bypassing the need for a complex transmigration mechanism of their own.[81]

As of 2016[update], in the United States, Food and Drug Administration (FDA) regulates nanotechnology on the basis of size.[83]

Nanocomposite particles that are controlled remotely by an electromagnetic field was also developed.[84] This series of nanorobots that are now enlisted in the Guinness World Records,[84] can be used to interact with the biological cells.[85] Scientists suggest that this technology can be used for the treatment of cancer.[86]

The Nanites are characters on the TV show Mystery Science Theater 3000. They're self-replicating, bio-engineered organisms that work on the ship and reside in the SOL's computer systems. They made their first appearance in Season 8.Nanites are used in a number of episodes in the Netflix series "Travelers". They be programmed and injected into injured people to perform repairs. First appearance in season 1

Nanites also feature in the Rise of Iron 2016 expansion for Destiny in which SIVA, a self-replicating nanotechnology is used as a weapon.

Nanites (referred to more often as Nanomachines) are often referenced in Konami's "Metal Gear" series being used to enhance and regulate abilities and body functions.

In the Star Trek franchise TV shows nanites play an important plot device. Starting with "Evolution" in the third season of The Next Generation, Borg Nanoprobes perform the function of maintaining the Borg cybernetic systems, as well as repairing damage to the organic parts of a Borg. They generate new technology inside a Borg when needed, as well as protecting them from many forms of disease.

Nanites play a role in the video game Deus Ex, being the basis of the nano-augmentation technology which gives augmented people superhuman abilities.

Nanites are also mentioned in the Arc of a Scythe book series by Neal Shusterman and are used to heal all nonfatal injuries, regulate bodily functions, and considerably lessen pain.

Nanites are also an integral part of the Stargate SG1 and Stargate Atlantis, where grey goo scenarios are portrayed.

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Nanorobotics - Wikipedia

In-depth Research on Nanotechnology in Medical Market Forecast Estimation & Approach 2022-2028 | Amgen, Merck, Novartis, Roche, Pfizer,, and more…

The Nanotechnology in Medical market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, the impact of domestic and global market players like Amgen, Merck, Novartis, Roche, Pfizer,, etc., value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.

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Nanotechnology in Medical Market Segmentation:

Nanotechnology in Medical market is split by Type and by Application. For the period 2016-2028, the growth among segments provides accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Nanotechnology in Medical Market Report based on Product Type:

Nanotechnology in Medical Market Report based on Applications:

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Consumption Forecast, Market Opportunities & Challenges, Risks and Influences Factors Analysis, Market Size by Application, Market Size by Manufacturers, Market Size by Type, Nanotechnology in Medical Consumption by Regions, Nanotechnology in Medical Production by Regions, Production Forecasts, Value Chain and Sales Channels Analysis, Key Findings in the Global Nanotechnology in Medical Study, Manufacturers Profiles

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Impact of COVID-19 on Nanotechnology in Medical Market

The report also contains the effect of the ongoing worldwide pandemic, i.e., COVID-19, on the Nanotechnology in Medical Market and what the future holds for it. It offers an analysis of the impacts of the epidemic on the international Market. The epidemic has immediately interrupted the requirement and supply series. The Nanotechnology in Medical Market report also assesses the economic effect on firms and monetary markets. Futuristic Reports has accumulated advice from several delegates of this business and has engaged from the secondary and primary research to extend the customers with strategies and data to combat industry struggles throughout and after the COVID-19 pandemic.

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Nanotechnology is poised to shape the future of healthcare – ETHealthWorld

by Srinivas Iyengar

One of the most awaited technologies on the verge of moving out of laboratories and set to enter commercial production is nanotechnology. There is so much buzz about nanotechnology that industries, from cosmetics, healthcare, and automobiles to aerospace, expect big disruptions due to nanotech. In the race for nano supremacy, I see healthcare as the most exciting space with a variety of use cases that can have a profound impact on humankind. In fact, nanotechnology is the most radical and wide-reaching emerging technology, and healthcare is its most urgent application.Before we delve deeper into the application of nanotechnology in healthcare, let us take a closer look at nanotechnology, its use cases, and its market share. This will give us a clearer perspective and some critical insights into this emerging technology.

Nanotech is a multidisciplinary field of research that deals with the restructuring and manipulation of matters that are of the size of 1 to 100 nanometers, i.e., at the molecular level. The word nano means dwarf in Greek and nanotechnology is the science of the extremely small!

The space where nanotechnology meets healthcare is called nanomedicine. Industry experts estimate the nanomedicine market share to grow up to $260Bn in 2025 from $141Bn in 2020.

While nanostructures occur naturally in soil, dust, oceans, plants, and animals, scientists today are building nano materials with newly manipulated attributes or engineered properties. This holds massive potential and opens new doors in drug delivery systems, body scans, gene therapy, identifying cancer cells, and health monitoring.

All thanks to the great scientist Richard Feynman who seeded the concept of nanotechnology in 1959. He was also regarded as one of the best safecrackers in the world! You can read a book written by him, Surely You're Joking, Mr. Feynman!.The lexicon of nanotechnology

Nanometer (m): A nanometer is a unit of measurement which is 1 billionth of a meter. The smallest things around us are measured in nanometers. To illustrate, a DNA molecule is about 2.5 m wide compared to a red blood cell which is about 7 m.

Nanoparticles (Nanodots/Quantum dots): These are small particles that range anywhere between 1 to 100 Nm. We all know well that the smaller the material, the surface area to volume ratio increases. This ensures that nanoparticles have distinct optical, physical, and chemical properties and produce quantum effects.

Nanotubes: These are tubes with atom-thick walls and a tube-like structure mainly made of carbon materials. Nanotubes are a few nanometers wide, and their length can be up to a few millimeters. What makes them more attractive in the healthcare arena is that they are non-toxic and, therefore, safe to use.

Nanorobotics: Nanorobotics is the process of building robots at the nanoscale and such robots are called nanobots. They are typically nanoelectromechanical systems that can be programmed to carry out specific tasks.

The most promising use-cases of nanotechnology in healthcare

Industry experts believe that nanotechnology will play a pivotal role in shaping the future of healthcare. Lets take a look at some of its most compelling use cases that are already show promising results

Targeted Drug Delivery System: In todays conventional drug delivery mechanism, did you know that when you take a medicine for a headache, it possibly goes through your entire body, including the head, to give you relief? This also means that the drug delivery mechanism is inefficient, slow, requires more drug consumption than needed, and may impact non-targeted organs. Nanotechnology can carry drugs to specific cells and release them when it reaches the targeted organ or area. This can be highly instrumental, for instance, in curtailing the side effects of chemotherapy.

Diagnosis: A biomarker, in general, is a measurement, substance, or chemical in the body which indicates a disease or a condition. It is seen that nanotechnology can bridge the gap between measurable biomarkers representing the physiology of a biological process and clinical outcomes. Nanoparticles injected into humans can detect these biomarkers with extremely high efficacy as compared to scanning the human body from the outside, thereby reducing the chances of drug failure/rejection.

Medical Imaging: Nanoparticles/Quantum dots are so small that their surface area to volume ratio is relatively high, thus producing excellent contrast and fluoresce. In generic terms, a nanoparticle is more like a glow-in-the-dark thing, and its ability to reflect light will help us in biological labeling at the molecular level. Nanoparticles in medical devices and drug therapy can give us much better diagnosis results and treatments with a higher success rate.

Wound Treatment: One of the major pain points of wound healing is contamination with microorganisms. Silver nanoparticles have antibacterial and anti-inflammatory properties that provide better wound healing efficacy with less bacterial resistance. They can be used as scaffolds for skin regeneration. Nanofibrous materials can also be used as delivery systems for drugs, proteins, growth factors, and other molecules. This will help us in targeted drug delivery with minimal and effective drug usage.

Needless to say, there exists great scope for advancements in nanotechnology that hold the potential to revolutionize and reinvent healthcare systems despite existing hurdles. Nanomedicine, nano pharmacology, nanoimaging, and targeted drug delivery systems will make the diagnosis and prevention of diseases, and care delivery more efficient and patient-centric.

Srinivas Iyengar, VP & Head of Healthcare and Life Sciences, Happiest Minds.

(DISCLAIMER: The views expressed are solely of the author and ETHealthworld does not necessarily subscribe to it. ETHealthworld.com shall not be responsible for any damage caused to any person / organisation directly or indirectly)

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Nanotechnology is poised to shape the future of healthcare - ETHealthWorld

Global Nanomedicine Market To Be Driven By Increased Government Backing And Funding, As Well As The Growing Demand For Specific Therapies In The…

The new report by Expert Market Research titled, GlobalNanomedicine MarketReport and Forecast 2022-2027, gives an in-depth analysis of the global nanomedicine market, assessing the market based on its segments like product type, Application, Nanomolecule Type and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porters Five Forces models.

Request a free sample copy in PDF or view the report[emailprotected]https://bityl.co/CUiU

The key highlights of the report include:

Market Overview (2017-2027)

The rising usage of nanomaterials such as nanocapsules and nanotubes in drug delivery systems can be linked to the rise in demand for nanomedicines. The rise in cancer and cardiovascular disease occurrences has boosted the need for nanomedicines, resulting in increased public and private investment in nanomedicine research and breakthroughs in biodegradable nanoparticles. The cost-effectiveness of these medicines, as well as their lack of adverse effects, are important drivers of the nanomedicine industrys expansion.

The North American nanomedicine sector is predicted to be one of the main markets for nanomedicine in the forecast period of 2022-2027, thanks to significant government investment on nanomedicine research in the United States. The regions growth is attributed to the greater availability of patented nanomedicine items. Nanomedicine is easily available in this region, in addition to a well-developed healthcare infrastructure and a high prevalence of cancer, which has assisted market expansion.The Asia Pacific regions huge senior population is experiencing high rates of cancer and cardiovascular illness, which is likely to drive the regions nanomedicine industry. The regional market for nanomedicine is predicted to be one of the fastest expanding. Increased research funds to combat life-threatening diseases are likely to boost market expansion in Asia Pacific, with nations like China and Japan leading the way.

Industry Definition and Major Segments

Nanomedicine is a branch of nanotechnology that focuses on diagnosing, treating, monitoring, and controlling biological systems. By modifying materials at the nanoscale, it increases drug delivery. As a result, nanomedicine has helped in the treatment of a wide range of diseases.

Nanomedicine is still in its infancy, with a slew of new products in the works. Nanobiotix has discovered 230 nanomedicine items that are either labelled or in the testing phase. Out of the 230 products, 49 are now on the market, and 122 are in various stages of clinical testing, including Phase II and Phase III trials.

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By application, the market is categorised into:

Based on product type, the market can be segmented into:

Based on nanomolecule type, the industry is categorised into:

The major regional markets of nanomedicine are:

Market Trends

Nanotechnology is now making great development in the identification and treatment of chronic diseases such as cancer, heart disease, and other disorders in the healthcare industry, which is one of the most important areas where nanotechnology has made substantial success. As healthcare corporations focus on transdermal insulin administration and the industrys attention shifts toward transdermal medicine delivery, businesses investigating patch technology have attracted considerable funding. Furthermore, in order to limit the danger of adverse effects, the personalised medicine delivery strategy is being heavily emphasised. This approach delivers reachability with greater efficacy and less degradation by bypassing the bodys defense mechanisms. In the next years, such technical advancements and investments are projected to propel the industry forward.

Key Market Players

The major players in the market are Arrowhead Pharmaceuticals, Inc., Nanospectra Biosciences, Inc., Ablynx N.V., AMAG Pharmaceuticals, Inc., Celgene Corporation and Others.

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Global Nanomedicine Market To Be Driven By Increased Government Backing And Funding, As Well As The Growing Demand For Specific Therapies In The...

Retraction for the article In vitro and in vivo protein release and an | IJN – Dove Medical Press

Shan F, Liu Y, Jiang H, Tong F. Int J Nanomedicine. 2017;12:76137625.

The Editor and Publisher of International Journal of Nanomedicine wish to retract the published article. Concerns were raised regarding the alleged manipulation of the in vitro transfection images shown in Figure 4C and the duplication of histopathological images shown in Figure 5A.

The authors responded to our queries and explained the fluorescent images collected for Figure 4C had mistakenly been superimposed on top of each other and the duplication of images in Figure 5Ab and 5Ac had occurred inadvertently during the figure preparation. The authors also provided original data for the figures in question. However, the authors explanation and the provided data was not satisfactory, and the Editor requested for the article to be retracted. The authors were notified of this decision.

We have been informed in our decision-making by our policy on publishing ethics and integrity and the COPE guidelines on retractions.

The retracted article will remain online to maintain the scholarly record, but it will be digitally watermarked on each page as Retracted.

This retraction relates to this paper

This work is published and licensed by Dove Medical Press Limited. The full terms of this license are available at https://www.dovepress.com/terms.php and incorporate the Creative Commons Attribution - Non Commercial (unported, v3.0) License.By accessing the work you hereby accept the Terms. Non-commercial uses of the work are permitted without any further permission from Dove Medical Press Limited, provided the work is properly attributed. For permission for commercial use of this work, please see paragraphs 4.2 and 5 of our Terms.

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Retraction for the article In vitro and in vivo protein release and an | IJN - Dove Medical Press

Clinical Trial Management System Market Size to Expand Significantly by the End of 2027 – Digital Journal

Theglobal clinical trial management system marketis expected to rise due to the augmented use of these systems, increased R&D investment by life science and clinical research organizations, and the rapid expansion of healthcare IT sector. A clinical trial management system refers to a software programme utilized in the management of clinical studies. The system keeps track of the reporting, executing, and planning duties, as well as the deadlines and contact information of participants. In addition to that, the features of a clinical trial management system (CTMS) come with the ability to oversee linked clinical trials by therapeutic area based on a set of particular clinical activities and the ability to track site monitoring.

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An increase in the number of new deadly illnesses has resulted in a tremendous need for vaccines and medicines. To satisfy the need, it requires clinical trials to demonstrate medicines and vaccines meet the specific requirements. The number of clinical trials that are conducted is increasing because of rising demand and the need to meet it, which is likely to boost the adoption of clinical trial management systems and spur development of the global clinical trial management system market. Demand for these systems has risen to new heights as a result of technological advancements.

Some prominent players that are operating in the global clinical trial management system market are DataTRAK International Inc., Parexel International Corporation, Bio-Optronics, Inc., Dassault Systmes SE, MedNet GmbH, and International Business Machines Corporation.

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During the forecast period, from 2019 to 2027, the global clinical trials management system market is likely to be driven by escalating demand for novel medicines and increased research and development activities. The global clinical trials management system market was worth around US$ 1.4 Bn in 2018, and is expected to grow at a 10.5% CAGR over the forecast period, from 2019 to 2027.

Rising Demand for Drug Development to Drive the Market in North America

The global clinical trial management systems market was led by North America, with the US coming up as one of the leading contributors in the regional market. Various factors such as increased spending on research and development activities and rising demand for development of drugs are likely to assist in the growth of regional market. Increased financing for clinical research, along with an increase in the number of clinical trials and studies, and expected to support market growth in the years to come.

Pharmaceutical firms R&D expenses have also grown in recent years, thanks to a greater emphasis on therapeutic areas, complicated compounds, and regulating markets. Pharmaceutical businesses in the US spend more energy, time, and money on research and development than other industries. The biopharmaceutical sector, for example, spent an estimated US$ 102 Bn on research and development activities in 2018, according to the Pharmaceutical Research and Manufacturers of America.

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Due to the surge in research and clinical trials in the North Americaregion, thedemand for these systems is projected to rise, thereby assisting in the expansion of the market in the region throughout the forecast period, from 2019 to 2027.

Rise in Financing from Various Government Bodies to Support Demand in the Market

Medical research is receiving impetus by increased government financing and investments from biotechnology and pharmaceutical companies. In the forthcoming years, this trend is expected to enhance growth of the global clinical trials management system market. CTMS systems are continually advancing in terms of technology. Lack of experienced experts is forcing pharmaceutical and biotechnology companies to engage in staff training programmes to familiarize people with various elements of complex solutions, particularly in developing nations. Furthermore, because of their capacity to combine a broad spectrum of applications, the prices of these systems are considerable. As a result, the high cost of CTMS is expected to deter small- and medium-sized businesses from adopting it.

However, the the global clinical trials management system market is expected to grow as the number of clinical studies increases. Furthermore, there is a significant demand for analysis of clinical trial results and effective data management. All of these elements are expected to contribute towards the expansion of the market in the years to come.

Rising government funding and investments by biotechnology and pharmaceutical are promoting medical research activities. This factor is anticipated to boost the market growth over the forecast period. The CTMS solutions are rapidly undergoing technological advancements. Lack of skilled professionals, especially in developing countries, is pushing pharmaceutical and biotechnological firms to invest in staff training programs to make them familiar with various aspects of sophisticated solutions. Furthermore, costs of these systems are high owing to their ability to integrate a wide range of capabilities. Thus, small- and medium-sized companies anticipate high cost associated with CTMS to hinder adoption.

However, increasing number of clinical trials is anticipated to boost the growth of the market for CTMS. Furthermore, the demand for efficient data management and analysis of clinical trial outcomes is also high. All these factors are projected to contribute to market growth.

The information provided in the review has been extracted from a TMR report titled Clinical Trial Management System Market (Mode of Delivery On-premise, Web-based, and Cloud-based; Component- Software, Hardware, and Services; Type Enterprise-based and Site-based; End use Pharmaceutical Industries, Contract Research Organizations, and Health Care Providers) Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 2027.

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Clinical Trial Management System Market Size to Expand Significantly by the End of 2027 - Digital Journal

World Brain Tumour Day 2022: The biggest regrets of neurosurgeons who treat brain cancer cancer patients – Times Now

Dr Venugopal G Consultant Neurosurgeon Yashoda hospitals Hyderabad

The diagnosis of a brain tumour can be devastating for the patient and the family. A brain tumour is a mass or growth of abnormal cells in your brain. Many different types of brain tumours exist. Some brain tumours are noncancerous (benign), and some brain tumours are cancerous (malignant).

Doctors who treat brain tumours or brain cancer patients have some learnings to share. We asked Dr Venugopal G, Consultant Neurosurgeon, Yashoda Hospitals in Hyderabad - whether during the tests and treatment of brain tumour patients they ever felt helpless, wished the patient had done a certain thing to be healed sooner etc.

Renowned Neurosurgeon Dr Venugopal G said, "My biggest regret is knowing the poor prognosis of a brain tumour and yet need to operate the patient when they can only survive for a couple of years or less and family or relatives spending around 8-10 lakhs (work up, surgery, radiation and chemotherapy).In some cases, there is no light at the end of the tunnel! Literally, we have a flash of these once we look at the MRI scan revealing an ugly tumour such as the GBM!"

The doctor knows!

Get treated from the best equipped:

Dr Venugopal G says, "Our hospital (Yashoda Hospitals in Hyderabad) is equipped with all the latest gadgets in all three departments (Neurosurgery, Oncology and Radiotherapy) which work like a well-oiled machine while handling a patient. Where neurosurgery is concerned, we have 3T MRI and CT for evaluation of the tumour and we can as well do an fMRI to look for the eloquent area damage, followed by the well equipped modular operation theatre which has an advanced Pentero microscope, CUSA, high-speed drill, Neuro Navigation, intraoperative 3T MRI, IONM ( Intra Operative Neuro Monitoring), Endoscopes. Paragon An expert neurosurgeon's skill is amplified by these peerless types of equipment."

Is a brain tumour always terminal/fatal?

Dr Venugopal says, no. "Research is going on things are getting better for some of the tumours. Thanks to the molecular biologists and new technologies in the surgeon's armamentarium. For low-grade gliomas, meningiomas, and pituitary adenomas which usually come under grades I and II things are very reassuring compared to a decade ago.

"Some of the tumours like GBM, and metastatic brain tumours are still lethal but even in these types, some breakthroughs are coming albeit at clinical trial levels only. Nanomedicine surely is the only hope for this kind of tumours. These tumour cells multiply at a rapid pace and will be resistant to some of the available chemo drugs and radiotherapy too. Research in all the fields (surgery, chemotherapy and radiotherapy) will bring a panacea for patients with these lethal tumours.

The date, significance, importance, history and theme of World Brain Tumour Day:

The World Brain Tumour Day is observed on June 8 every year to spread awareness about brain tumours and educate people about them. The non-profit organisation, Deutsche Hirntumorhilfe e.V or German Brain Tumour Association, observed the first World Brain Tumour Day on June 8, 2000.

Disclaimer: Tips and suggestions mentioned in the article are for general information purposes only and should not be construed as professional medical advice. Always consult your doctor or a dietician before starting any fitness programme or making any changes to your diet.

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World Brain Tumour Day 2022: The biggest regrets of neurosurgeons who treat brain cancer cancer patients - Times Now

Nikolas Badminton | Futurist Speaker | Futurist Keynotes | Futurist.com

Glen Hiemstra is the founder andFuturist Emeritusof Futurist.com.

Glen is dedicated to disseminating information about the future to assist individuals, organizations, and industries in effective strategic planning. An internationally respected expert on future trends, long-range planning and creating the preferred future, Glen has advised professional, business, and governmental organizations for three decades and has served as a technical advisor for futuristic television programs. Audience members for Glens keynote speeches and clients for his long-range planning say things like, Once you hear Glen Hiemstra speak, the future will never look the same.

A writer as well as a speaker and consultant, Glen is the author of Millennial City: How a New Generation Can Save the Future,Turning the Future into Revenue: What Businesses and Individuals Need to Know to Shape Their Future. Previously he co-authoredStrategic Leadership: Achieving Your Preferred Future.

Glen has worked with many leading companies, government agencies and organizations across a wide variety of domains. These include Microsoft, The Home Depot, Boeing, Adobe, Ernst & Young, PaineWebber, ShareBuilder, Ambrosetti (Italy), Club of Amsterdam, U.S. Army Corps of Engineers Savannah District, U.S. Army Corps of Engineers Pacific Ocean Division, Northern Telecom, REI, Weyerhaeuser, Hewlett Packard, Novo Nordisk, U.S./Mexico JWC, APAX Partners, Costa Rica Hotel Association, Atlanta 2060, Tulsa 2025, Idaho Transportation 2030, Michigan DOT 2030, Federal Highway Administration Advanced Research, Eddie Bauer, Procter & Gamble, ACE Hardware, IHOP, John Deere, Weitz Construction, Lexis Nexus, Land O Lakes, GHD Engineering (Australia), SONAE (Portugal), and others.

As a recognized expert in preferred future planning, Glen is a popular keynote speaker who can zero in on emerging trends in economics, demographics, energy, the environment, Internet and communications, science, technology, housing, and transportation. Glen goes beyond simple trend analysis to discuss the opportunities that we all have to shape the preferred future. In his consulting, Glen utilizes tools such as environmental scanning, scenario development, whole systems perspectives, paradigm shifts, and analysis of organizational culture for managing change to assist enterprises to achieve high performance.

A skilled communicator, Glen also offers a variety of informational resources for those interested in exploring the future. Each month visitors from 120 nations come to Futurist.com and the blog for provocative snapshots of emerging ideas, trends, and technologies.

As a media technical advisor Glen has worked on several television productions, including with Steven Bochco Productions (creator of Hill Street Blues and NYPD Blue), among others. He has oft beencited in publicationssuch as The Wall Street Journal, Forbes, US News & World Report, Newsweek, The Futurist, USA Today, Business Week, the Economist, Puget Sound Business Journal, and the Los Angeles Times.

In a first career, Glen was an award-winning educator; he also served as a Visiting Scholar at the Human Interface Technology Lab at the University of Washington, which worked on virtual and augmented reality technology.

Glen was educated at Whitworth College, the University of Oregon, and the University of Washington. He lives in Seattle, Washington.

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Nikolas Badminton | Futurist Speaker | Futurist Keynotes | Futurist.com