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{bio,medical} informatics

Tuesday, March 12, 2002

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find related articles. powered by google. News.Com Compaq, Singapore plan bio-supercomputer

"Compaq Computer Corp and Singapore's Nanyang Technological University (NTU) agreed on Tuesday to invest S$12.4 million ($6.8 million) to develop the largest life sciences supercomputing facility in the region.

The costs, shared equally by both parties, will go mainly towards hardware and software for the newly launched Bioinformatics Research Centre (BIRC) at NTU."

find related articles. powered by google. EyeForPharma Bio-IT sector gains momentum despite recession according to new research from IDC

"While other IT sectors are struggling to keep their heads above water, the Bio-IT sector is gaining rapid momentum, according to analysis from IDC's new research and advisory service, Bio-IT Infrastructure. In addition, the research suggests the Bio-IT market will increase at a compound annual growth rate (CAGR) of 24% to nearly $38 billion by 2006."

redux [12.05.01]
find related articles. powered by google. News.Com IT firms bet on biotech to lift high-end sales

"The world's largest computer makers, faced with sagging consumer demand, are betting that the huge data crunching needs of nascent biotechnology firms will grow into a multi-billion dollar market for their equipment and consulting services over the next decade."

""The average individual can't comprehend what has happened in the last half dozen years, where the two greatest medical discoveries, the genome and the microchip, have converged," said Cal Stiller, chief executive of the $250 million Canadian Medical Discoveries Fund."

"We need companies that are on the informatics side that say 'holy cow', we have just stumbled onto the mother lode! We know nothing about mining that area, but we can build the best drilling equipment out there," added Stiller."

redux [11.09.01]
find related articles. powered by google. National Post Online Compaq Canada reaches deal to distribute genome database

"Celera Genomics, the first company to successfully sequence the human genome, announced a deal with Compaq Canada Corp. yesterday that will give Canadian non-profit researchers access to its genomic database."

""This is the first time we've entered into an agreement where the computing environment and the data will go hand in hand," said Dr. Craig Venter, president of Celera and one of world's foremost genome researchers. "There's been interest in giving Canada access to this information for some time, it just hasn't been possible to get it together.""

redux [06.26.01]
find related articles. powered by google. Forbes IBM's Biotech Resurgence

"In 1998, biotech upstart Celera Genomics needed a supercomputer to help it map the human genome. It didn't turn to IBM , which built 204 of the 500 fastest supercomputers. Both Celera and its academic competition, the Human Genome Project, used machines built by Compaq Computer. Two years later, Compaq is the leading seller of supercomputers to biological researchers.

But IBM noticed that biologists now need microprocessors as much as microscopes. A year ago, it used $100 million to start a division that sells computers, software and services to biotechnology and drug companies. This life sciences division has had some success; pulling into second place behind Compaq, it must do better."

redux [08.14.01]
find related articles. powered by google. Business 2.0 6,160,717,289 Cures for Cancer

"For years, technologists have dreamed that information technology and biotechnology would someday converge into one seamless superscience that could crack the molecular code of disease and yield a gold mine of new treatments and cures. It always seemed so logical, even if it never quite seemed to happen. Some very big names in tech -- Bill Gates ( MSFT ), Paul Allen, and Jim Clark, among others -- for years have been placing bets on so-called convergence companies that promised to exploit the merging of computing and biotech. Allen alone has investments in more than 50 of them, mostly obscure companies that use words like "genomics," "bioinformatics," and "proteomics" to describe what they do. This industry is so new it hasn't settled on a single name yet."

"Now, like a middle-age actor who has just been discovered, convergence has hit the big time. Corporate giants such as IBM ( IBM ) and Compaq ( CPQ ) are pouring $100 million dollops of cash into "life science" projects that mesh computers and biotech."

[ rhetoric ]

Bioinformatics will be at the core of biology in the 21st century. In fields ranging from structural biology to genomics to biomedical imaging, ready access to data and analytical tools are fundamentally changing the way investigators in the life sciences conduct research and approach problems. Complex, computationally intensive biological problems are now being addressed and promise to significantly advance our understanding of biology and medicine. No biological discipline will be unaffected by these technological breakthroughs.


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