Celera Exec Wants Industry To Speed Up Genetic Research
Dow Jones Newswires
TOKYO (AP)--The scientist who decoded the complex human genome sequence said Wednesday he wants to change the way basic genetic research is done because private industry can do it faster than the public sector and academia.
Craig Venter, president of Celera Genomics Group (CRA), said he hurried to decode the human genome sequence - using 50 scientists in just nine months - to help people suffering from various diseases find faster cures and tailor-made treatment.
"Celera represents a model for research to change...the way scientists think" to looking at the genome as a whole rather than studying one gene at a time, he said.
Venter criticized the slow pace of research by the public sector. Celera found 30,000 genes in less than a year.
"The government can't do it as quick," Venter said.
A relative latecomer to genome mapping, Celera quickly caught up with the 10-year-old federal Human Genome Project in the race to produce a rough draft of the human genome.
The two called a truce long enough for a joint White House announcement of the project's completion last summer.
With more funding coming from the private sector for basic research in the United States and scientists taking 10 years to find one gene, Celera felt it "imperative" to find the genome sequence on its own, he told a press conference
"I'm supposed to be an impatient person," Venter said. "Diseases like cancer affect all of us. I don't want to wait 100 years to see discoveries."
Celera, which in Latin means swift, is improving its technical facilities, which will analyze one million proteins a day. Venter said they will provide "new diagnostic and new methods to cure diseases."
To complete the genome code it is crucial to understand how proteins interact. The significance of this research is that if every protein in the blood can be measured, scientists can identify specific molecules associated with cancer.
This also means more money flowing into the Rockville, Maryland-based company. Although it is still posting earnings losses, revenue has swelled over the past year, an increase Celera attributes to new database subscriptions. |