Nanotechnology Now - News Story: "BayBio Matt Gardner hopes the sun will shine on the biotech industry"

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January 7th, 2007

BayBio Matt Gardner hopes the sun will shine on the biotech industry

Abstract:
Even now after 30 years, we still see wave after wave of new innovations impacting the whole life sciences community here. And so from time to time, a whole new segment of the industry will be born that will send a ripple effect through the rest of the industry around the world. And we are just seeing the beginning of another one now in personalized medicine. As we've come to grips with all the Human Genome (Project) data that we had, computing power has been put to work in our industry. And as we've understood patients with much greater detail, we can almost now match very precisely a one-to-one treatment profile with an individual patient and determine how well they will receive a certain type of medicine and what kind of susceptibility they'll have to side effects. So that is a very promising set of discoveries that is just being put to work now. At the same time that is happening, things like nanotechnology are having their impact in the lab, where, as an example, we are becoming much faster and much more fluid in our processing of the drug discovery business. The nanotech equipment means we can work through more potential drugs faster and cheaper. (As) we talk about how these things can shape the biotech business, we also can see now that these things are shaping the health care industry, and it will change how health is applied to the patient in the mass-consumer sense. There's no better time than the present for some of these changes to be happening.

Source:
insidebayarea.com

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