Nanova opens new facility

Nanova, a biotech spun-out of Missouri University, has opened its new facility in Columbia, Missouri. The new building is 6,000 square feet large and cost $1.5m, provided by the Missouri Department of Economic Development in November 2013.

The facility, which should lead to the creation of 50 new jobs within the next five years, includes a research and development lab, a production area and offices. It will be used primarily by Nanova spin-out NBI, which focuses on nanotech biomaterials.

Nanova is a mixture of biotech and nanotech specialist, and is working on a range of dental, cardiovascular and orthopaedic products. One of its products is the “plasma brush”, which can disinfect and clean cavities before fillings in 30 seconds.

Hao Li, president of Nanova, said: “The establishment of NBI is also a result of an investment of over $7m lead by SummitView Capital. Besides the support from the university, the National Science Foundation, and the National Institute of Health, Nanova has also been supported by the state, especially the Small Business Technology and Development Centre. Actually our very first grant of $5,000 is a state-backed grant, which is how we got started. We highly appreciate the support from local and federal agencies and we are committed to making quality products to serve dentists and doctors and also bring more quality jobs to Missouri.”