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Nanotechnology is maturing beyond the discovery hype phase into a real market with real revenues — $50 billion worth of sales in 2006 alone, according to a new market report by Lux Research. Products range from drugs fielded by Merck and Gilead to cordless power tools produced by Black & Decker. The research funding in 2006, meanwhile, $11.8 billion, with a significant amount coming from venture capital sources, is proof that there's still funding available for the right ideas.
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