“…Owing to their easy preparation, low fabrication cost, high chemical stability and unique electrical, optical, thermal, rheological, catalytic and magnetic properties, ferrites, either in the form of nanopowders or surface-stabilized nanoparticles suspended in a carrier liquid (ferrofluid) [3], have widespread use in electronics [4], magneto-optics [5], magnetocaloric refrigeration [6], dynamic sealing [7], high-density information storage [8], oscillation damping [9] and catalysis [10]. Among the nanocrystalline ferrites, Fe 3 O 4 and γ -Fe 2 O 3 have attracted particular interest as ideal candidates for different biomedical applications including enzyme encapsulation [11], biosensor design [12,13], cell labelling/separation [14] and oligonucleotide identification [15], magnetic resonance imaging (MRI) [16][17][18], tumour hyperthermia [19,20] and magneticallytargeted drug delivery [21][22][23][24] due to their dimensions being comparable to the cells and biomolecules, low toxicity and biocompatibility, high saturation magnetization values and their easy manipulation with low magnetic fields.…”