[Click eStock] "Nanobrick Expands Business in Bio and Display Fields"
[Asia Economy Reporter Hyungsoo Park] On the 29th, KB Securities analyzed that the expansion of business areas in the bio and display fields is a checkpoint for Nanobrick. No investment opinion or target price was presented.
Seong Hyun-dong, a researcher at KB Securities, explained, "A new product in the functional display field is scheduled to be launched," and added, "Stable sales are also expected with the mass production transition of the molecular diagnostic bio material ‘M-Bead’."
Nanobrick operates based on an active nano platform capable of developing various functional new materials, including ▲anti-counterfeiting and genuine authentication security business ▲bio and cosmetic material business ▲functional display material business. The active nano platform is Nanobrick’s proprietary technology platform where color and transmittance change according to external signals such as electric and magnetic fields.
Based on material technology that changes color and transmittance, Nanobrick continues technical cooperation and product development with various domestic and international companies. It is seeking to expand its applied industries beyond existing security solutions to bio (separation and purification kits), cosmetics (color-changing cosmetics), consumer goods (color-changing ink), and display (smart window film).
Researcher Seong said, "A prototype of an electric display that adjusts transmittance according to electric signals is awaiting responses from major automobile manufacturers," and predicted, "If adopted, mass production application is expected in the second half of next year."
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He continued, "The nucleic acid extraction reagent ‘M-Bead,’ used in molecular diagnostic kits and equipment, is currently undergoing quality tests with over 50 companies," and forecasted, "Although demand for magnetic particles for nucleic acid extraction is rapidly increasing, most are dependent on imports, so domestic production benefits are expected."
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