Arrowhead announces IP company

Dec. 9, 2005 – Arrowhead Research Corp. (Nasdaq: ARWR), a developer of nanotechnology research and companies, announced that it has created a wholly owned subsidiary NanoPolaris Inc. in order to assemble a portfolio of intellectual property in the area of carbon nanotubes. The intent, according to a company release, is to facilitate and enable the manufacture of nanotube-based products.

“We believe carbon nanotubes will create a manufacturing revolution comparable to what plastics did for materials and silicon did for electronics,” said Bruce Stewart, Arrowhead’s chairman, in a prepared statement. The company itself will not engage in manufacturing but intends to provide a “patent toolbox” to corporations planning to integrate nanotubes into their end products.

Arrowhead said its subsidiary has licensed patents and patent applications from at least eight universities.


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