PALO ALTO, Calif., Nov. 4 -- Quantum Dot Corp. has obtained from Indiana University an exclusive worldwide license to develop, manufacture, market and commercialize biological applications of Quantum Dot (Qdot) luminescent nanoparticles. Qdot particles are nanometer-sized bits of semiconductor material that light up like molecular-sized LEDs. They are employed in the detection and bar-coding of biological materials ranging from DNA to proteins in such applications as genetic analysis, drug discovery, high-throughput screening, flow cytometry, fluorescence microscopy, and diagnostics.Quantum Dot's Joel Martin commented, The license from Indiana University is the fourth of its kind for Quantum Dot Corp. and further strengthens our patent portfolio and position. Quantum Dot holds three other exclusive global licenses from the Ernest Orlando Lawrence Berkeley National Laboratory, Massachusetts Institute of Technology, and the University of Melbourne.