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Posted: January 15, 2008
Taglich Brothers Initiates Coverage on BioForce Nanosciences Holdings
(Nanowerk News) Taglich Brothers, Inc. announces it initiated coverage of BioForce Nanosciences Holdings, Inc. (OTCBB: BFNH).
BioForce Nanosciences, headquartered in Ames, IA, markets the Nano eNabler™, a benchtop molecular printer used to produce ultraminiaturized biological sensors, biological tests and other ultraminiaturized devices. The company produces proprietary consumables -- surface patterning tools and silicon chips -- to support the Nano eNabler, and is developing advanced diagnostics, standard and customized patterned surfaces, a high-throughput Nano eNabler system for use by biopharmaceutical firms and a Nano eNabler for use specifically in cellular biology research.
The Nano eNabler system can be used in the production of ultraminiaturized biological sensors, biomedical tests and other ultraminiaturized devices that could fuel growth of nanotechnology and overcome limitations of existing technologies aimed at microscale encoding. Researchers and scientists seeking to perform takes at the nanoscale are likely to turn increasingly to systems such as the Nano eNabler for their instrumentation needs.
Beyond commercialization of the Nano eNabler in the academic research community, the company aims to pursue development of proprietary diagnostics, therapeutics, self-diagnosis systems, and, ultimately, capabilities for personalized medicine. The company also aims to commercialize, possibly by 2008, a high-throughput version of the Nano eNabler for production use in the biopharmaceutical industry. The ViriChip and nanodiagnostics, already in development, could be commercialized, respectively, by 2009 and 2010. Self-diagnosis and personalized medicine system are longer-term development projects.
The complete 18-page report is available at www.taglichbrothers.com.
Taglich Brothers, Inc. is a full-service broker dealer focused exclusively on microcap companies. The Company defines the microcap segment of the equity market as companies with less than $250 million in market capitalization. Taglich Brothers currently offers institutional and retail brokerage services, investment banking and comprehensive research coverage to the investment community.