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Biotech / Medical : Biotech Valuation
CRSP 52.51+2.7%Nov 14 9:30 AM EST

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To: keokalani'nui who wrote (1686)9/18/2000 1:35:31 PM
From: Biomaven  Read Replies (1) of 52153
 
wilder,

I believe he's referring to one of the holy grails of computational chemistry - input the protein formula and get out the shape. IBM, amongst others is pursuing this. They are using a descendant of the late and lamented Deep Blue, of chess fame.

Historically (and fortunately) pure algorithms have not been patentable. The extension of patent protection to programs is very unfortunate to my mind, particularly when you see the obvious programs that have been awarded patents. I haven't actually seen much activity by people trying to enforce software patents. (Perhaps fortunately - e.g., BT (I think) claims to have a patent on the hyperlink).

Bioinformatics is certainly going to be an important field. I can easily see the mixed software/biotech technologies (like RSTA) being patentable. I'm less sure of pure software. A good example might be a program that effectively picks out genes from the genome. (Somewhat crude versions of this exist already).

Peter

P.S. to get emphasis you put in HTML like this:

< i >italics< / i >
< b >bold< / b >

without the spaces.

P.P.S. Careful about the lawyer cracks - Vector1 is a lawyer, and I practiced law for a while too. <g>

Some other good lawyer/biotech investors on SI as well - IJ Frankel and RCMac, for example.
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