Nanoco, which manufactures cadmium-free quantum dots (used in LCD televisions and lighting products) at its Runcorn plant, has signed a marketing deal with Merck, the German pharmaceutical company. Cadmium-free quantum dots enable the production of ultra-bright displays with a substantially extended colour range, while reducing electricity consumption(
www.nanocotechnologies.com).
The global non-exclusive material supply and licensing agreement means that Merck can also establish its own production facility for cadmium-free quantum dots.
Nanoco chief executive Michael Edelman said: “This agreement with Merck is another major endorsement of the world-class quality of our cadmium-free quantum-dot technology. We are convinced that Merck can leverage its position in the display industry with these innovative materials.”
Walter Galinat, a member of the Merck executive board, said: “The agreement is in line with our strategy to sustainably secure our position as the global market and technology leader in display materials.”