There are pressing needs in biological
research today: the cost of getting new drugs to
market is estimated to be 1$ billion by 2015, time to
market has increased and failure rates remain
shockingly high. Illnesses such as cancer,
neurodegenerative diseases and cardiovascular
diseases continue to ravage people around the world.
The broad field of nanomedicine seeks to address
many of these needs in biology, creating the not so
quite as broad discipline of nanobiotechnology.