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Bio-IT World
Beyond Bioinformatics
""Is there a future for bioinformatics companies?" Leroy Hood, director of the Institute for Systems Biology, asked rhetorically in his keynote address at the Sixth International Biotech & Infotech Summit*, held recently in San Francisco.
"There isn't. The computational tools are changing so rapidly that anytime a company freezes the tools, it is left behind. One company is never going to be able to keep up with what's going on. It is going to be hard to be a straight bioinformatics play.""The graveyard of bioinformatics companies is almost as extensive as the graveyard of dot-coms," noted David Kingsbury, president of DTK Consulting. He warned that it is risky to underestimate the utility of freely available academic bioinformatics applications. Open source programs, such as BLAST, are not just free -- they are often superior to commercial offerings."
[ 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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