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Washtech.Com
A New Outlet for Venter's Energy
"Tapping a $100 million research endowment he is creating from his stock holdings, Venter plans to scour the world's deep ocean trenches for bacteria that might be able to convert carbon dioxide, the gas released when cars and power plants burn fuel, back into solid form without needing a lot of sunlight or other energy."
"Venter emphasized that from now on, his ventures will be set up as not-for-profit corporations. "I'm not in business anymore," he said."
"Venter, who turned 55 in October, said he will use the cash and clout collected during his terms at The Institute for Genomic Research, Human Genome Sciences, and Celera as seed money for the foundations, which he will run."
"Through his foundations, though, Venter has also stuck a finger in the eyes of detractors who said he was too obsessed about financial reward to worry about good science, let alone ethics. Industry insiders may now be asking where their foundations are."
[ 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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