NeoPhotonics spins off medical business

Dec. 5, 2002 – NeoPhotonics Corp., a maker of optical devices with light-enhancing nanomaterials, said it’s spinning off its medical parts business.


The new company, NanoGram Devices Corp., has developed and is making specialized power sources for nanomaterial-based medical devices. The company said its technology enables smaller and more reliable devices with a longer lifetime, according to a news release.


NanoGram said initial applications will be in implantable medical devices, specifically defibrillators, congestive heart failure devices and next-generation pacemakers. The company has shipped power sources to several customers, the release said.


NanoGram and NeoPhotonics are based in Fremont, Calif. NeoPhotonics’ investors include Ardesta LLC, parent company of Small Times Media.



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