In late July 2009, Nanodynamics filed for chapter 7 bankruptcy protection and ultimately closed its business.
Founded as a subsidiary of Buffalo based NanoDynamics, Inc., NanoDynamics⢠Life Sciences licensed for development a polymer nano tube technology, developed in Pittsburgh, which hasd shown potential for many applications, including sophisticated sensory and controlled release structures. Initial applications could be in the food and drug industries, along with more conventional industrial applications