Nanotechnology is a revolutionary new technology which is expected to impact virtually all areas of technology. Phenomenal progress has been made in developing nanomaterials for specific applications. Nano-biotechnology which involves designing nanoscale systems based on biological systems is an emerging technology that is expected to have a profound impact on healthcare as well as other industries such as electronics. In this newsletter, Baverstam showcases four of the most promising areas for nanobiotechnology- diagnostics, therapeutics, bioanalysis and medical devices. It further highlights important recent developments in bio-nanomaterials.