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Online edition of India's National Newspaper Friday, April 06, 2001 |
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German biological database eyes Asian market
By K. T. Jagannathan
HAMBURG, (GERMANY), APRIL 5. Having made an aggressive foray into
the U.S. market, Biobase, a German company, which specialises in
providing biological database using bio-informatics, has cast its
eyes on the Asian market.
Stating that ``Japan is an important market for us,'' Dr. Edgar
Wingender, president of the company, told a team of visiting
journalists from Asia at its office in Braunschweig recently that
Biobase had sort of trained its eyes on China and South Korea as
well. In China, it had a running co-operative arrangement with
Beizing university. ``We have also established contacts in South
Korea,'' he said without elaborating.
Claimed to be the only such company in the world dealing with
content relating to gene regulation, Biobase typically provides
pharmaceutical companies sequence information about transcription
regulating switch elements in the genome. Further, using bio-
informatics, it provides software application solutions. For
example, it can provide biological information such as when,
where and under what conditions certain genes are suppressed or
activated.
Simultaneously, relying on bio-informatics, Biobase will be in a
position to develop data base, structure the content and supply
to users. ``Nearly all pharmaceutical companies are engaged in
genome-based development work of one kind or the other,'' said
Dr. Wingender. ``If some one wants to develop a drug for a
specific effect, we can tell them which cell will be attacked
without going wrong,'' he pointed out. In fact, companies like
Smithkline Beacham and Monsanto are among its clients.
What could be the inputs for such a company? Data from gene
banks, literature on original research and the like form the raw
material for Biobase. The mass generated data are then handled,
processed and interpreted with the help of a team of biologists
using software and other tools. It has a running tie-up with the
Biotechnology Research Centre of Germany which is currently
engaged in the human genome project.
``No company deals with contents relating to gene regulation,''
declared Dr. Wingender who expected the company's turnover to
increase five-fold during 2001 from DM 1.5 million last year. The
market for bio informatics was worth several billion dollars, he
said. Out of this, the genome-related segment alone was worth 40
per cent. Dr. Wingender would be happy if Biobase could garner 10
per cent of this market over time.
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