Market Analysis

Bioinformatics market surges ahead

Published in Biotech Business Week, September 19th, 2005

Efforts to effectively manage the flood of genetic and protein data being generated, the pressing need to boost drug research productivity together with solid government support are driving the European bioinformatics industry.

With the quantity of genetic and protein data reaching peta bytes (quadrillion bytes), scientists are finding it increasingly difficult to collect and analyze all this data. At the same time, the limited value of standalone data sets has triggered the search for tools that can help study disparate data in the same conceptual framework. Moreover, high throughput systems are significantly augmenting the yield of promising compounds. Accordingly,...

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Source: Biotech Business Week (2005-09-19)

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