“…bio-imaging) therapy and a smart combination of both of these properties (Smith et al, 2008;Peng et al, 2000;Li et al, 2003;Murry et al, 2000). Some of advancement of nanotechnology inspired application include improved imaging contrast agents by SPIONS (super-paramagnetic iron oxide nanoparticles), targeted delivery of drugs, molecular chaperons and agents to kill specific cancer cells (Yu et al, 2011;Petkar et al, 2011;Patra et al, 2007). Another exclusive application involve magnetic induction (radio frequency) heating or laser induced heating of designer particles, with desirable material and shape attributes (Peterman et al, 2003;Plech et al, 2004).…”