The beauty of a living thing is not the atoms that go into it, but the way those atoms are put together. Information distilled over 4 billion years of biological evolution. Incidentally, all the organisms on the Earth are made essentially of that stuff. An eyedropper full of that liquid could be used to make a caterpillar or a petunia if only we knew how to put the components together.
In thinking about nanotechnology today, what's most important is understanding where it leads, what nanotechnology will look like after we reach the assembler breakthrough.
You can find academic and industrial groups doing some relevant work, but there isn't a focus on building complex molecular systems. In that respect, Japan is first, Europe is second, and we're third.
The really big difference is that what you make with a molecular machine can be completely precise, down to the tiniest degree of detail that can exist in the world.
The laws of physics should allow us to arrange things molecule by molecule and even atom by atom, and at some point it was inevitable that we would develop a technology that would let us do this.
Nanotechnology is manufacturing with atoms.
Chemists have always been in the business of taking atoms and putting them together with other atoms with precisely defined connections.
We can track and see the production of single molecules, trace them and see how they assemble into structures.