It seems that these days there are various nano materials that have the potential of being used in humans, once the animal trials have been completed. A few years ago, some of these were brought to the seminar for discussion. One is using gold nanoshells to help diagnose and treat cancer, while using liposomes to transport drug transports.
There is also drug detoxification applied to nanomedicine which has shown incredible potential when tested on rats. Nanoscale can be very beneficial given that smaller devices are way less invasive and have the potential of being implanted in the body. They are faster and more sensitive than regular drug delivery. In addition, biochemical reaction times are way shorter.
Overall, it was seen at the seminar which was held a few years agothat nanomedicine is becoming an increasing large industry and with this anticipated continued growth, it is likely the economy will benefit as well.