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Chicago Innovation Award Winner

PanaceaNano

Winner in: 2018
Winning Product: PanaceaNano
Winner Category: Up-and-Comer Award
Industries: Technology, Industrial and Energy

Founded at Northwestern University, PanaceaNano is a science/tech company that produces incredibly tiny, organic hollow cubes – by the ton, if needed. Those molecular cubes can store even smaller molecules of compounds used in fields such as pharmaceuticals, cosmetics and electronics. The breakthrough occurs in the steady, timed release of those guest compounds and in specific dosages to deliver drugs, heat, light, energy and other benign characteristics for targeted industrial and medical applications. PanaceaNano seeks early-stage nanomaterial discoveries from university research and translates them into commercial products, primarily in cosmetics, health, clean energy, electronics, and water.

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