An overview of the organic semiconductor industry
Summary :
Table of Contents
- Organic semiconductors: What is it all about?
- History
- Structure of the industry
- Commercialization
- Increase in patenting activity
- Investment
- Government funding
- US funding
- European funding
- IPO's
- Mergers, acquisitions and joint ventures
- Further spin-outs expected
- Licensing
Abstract
In the late 1970s, three researchers published a groundbreaking paper on the discovery that certain classes of plastics were capable of being modified to enable them to function as a poorly conducting metal. So groundbreaking and significant was the discovery that in 2000 the Nobel Prize for chemistry was awarded to Alan Heeger (Professor of Physics, University of California), Alan MacDiarmid, and Hideki Shirakawa for their pioneering work on conductive polymers.
In the late 1980s, Richard Friend, Jeremy Burroughes and Donal Bradley discovered that certain classes of conducting polymers could be coaxed into emitting light, so laying the foundations for a new generation of flat panel displays. In 2003, Richard Friend (Professor of Physics at Cambridge University) was knighted for his services to physics.
Both Heeger and Friend have played key roles in the science behind polymer based organic semiconductors. Both researchers have been active in commercializing the technology discovered in their laboratories. Heeger founded Uniax (displays) in 1990 and sold it to DuPont in 1999. He now sits on the boards of two companies: QTL BioSystems (sensors) and Konarka Technologies (solar cells). Friend co-founded Cambridge Display Technology (displays) in 1992, which was also sold in 1999 to Kelso & Co and Hillman Capital. He now sits on the board of Plastic Logic (electronics) - yet another spin-out company from his laboratory. In December 2004, Cambridge Display Technology IPO'ed on NASDAQ.
In the late 1980s, Richard Friend, Jeremy Burroughes and Donal Bradley discovered that certain classes of conducting polymers could be coaxed into emitting light, so laying the foundations for a new generation of flat panel displays. In 2003, Richard Friend (Professor of Physics at Cambridge University) was knighted for his services to physics.
Both Heeger and Friend have played key roles in the science behind polymer based organic semiconductors. Both researchers have been active in commercializing the technology discovered in their laboratories. Heeger founded Uniax (displays) in 1990 and sold it to DuPont in 1999. He now sits on the boards of two companies: QTL BioSystems (sensors) and Konarka Technologies (solar cells). Friend co-founded Cambridge Display Technology (displays) in 1992, which was also sold in 1999 to Kelso & Co and Hillman Capital. He now sits on the board of Plastic Logic (electronics) - yet another spin-out company from his laboratory. In December 2004, Cambridge Display Technology IPO'ed on NASDAQ.
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