SINGAPORE, Jan. 14, 2014 /PRNewswire/ -- Micro-Sphere SA (MS) and NanoMaterials Technology Private Limited (NMT) jointly announced today that both have formed technology partnership in combining MS's spray drying technology and NMT's High Gravity Controlled Precipitation (HGCP) Technology to provide development and manufacturing services to pharmaceutical, skincare and cosmetic companies.
Based on the partnership agreement, both parties shall collaborate together to work on new development or contract manufacturing projects using each party's proprietary technology. MS shall leverage on its expertise in processing and formulation technologies such as emulsification and spray drying. NMT Singapore shall contribute on its experience in nanonization and formulation, and provide non-exclusive access to MS on its HGCP and related technologies for relevant projects.
"MS as high level contract production and development company is honored to have the possibility to deal with outstanding patented technology owned by NMT and to provide the necessary know-how to enable the positive outcome of the projects," says Dr. Michele Muller, General Manager of MS.
"We have been working with MS on various projects and are delighted with their spray dying technology, the professionalism and the good quality of works by their team. With this partnership, we can combine the strengths of both companies and offer more solutions to our customers. This will also bring our business and technologies to the next level," says David Sher, Managing Director of NMT.
