Luna nanoWorks develops pharmaceuticals to improve the diagnosis, management and treatment of diseases. The company investigates various applications in nanomedicine. It has a prototype contrast imaging agent that enhances images. Luna nanoWorks also develops products to treat immune disorders and solutions to stimulate hair growth. The company develops the proprietary functionalized derivatives of fullerenes for use in the defense, energy and medical sectors. It has a more than 24,000-square-foot high-tech nanomaterial manufacturing and product development facility in Virginia. The company works with several industrial, federal and academic partners for the development and research of carbonaceous nanomaterials. Luna nanoWorks is a division of Luna Innovations Incorporated, which develops and manufactures products for the health care and telecommunications markets.