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Biotech / Medical : Celera Genomics (CRA) -- Ignore unavailable to you. Want to Upgrade?


To: Carter Patterson who wrote (157)3/14/2000 8:25:00 PM
From: Rob Pierce  Read Replies (2) | Respond to of 746
 
Tell me if I have this straight...

So far, my understanding is that CRA is mapping the human
genome. NIH is mapping the human genome. The two maps will
likely have differences (albeit subtle differences), with
differing comments and estimations of functions due to the
distinctions in their mapping regimes. CRA's map will be
available in the immediate future, while NIH's more
thorough map will become available later.

CRA would like to include NIH's data in the database,
publish it jointly so that the combined data would be a
more comprehensive source than the two individual databases.

Here's where I think I'm most fuzzy on the controversy.
CRA is negotiating to be allowed to market the combined
database, but wants exclusive distribution rights??? Or
is it that you can access and use data from the database
(the genome is freely available), but if you use the CRA
database you'll be liable to pay royalties on any commercial
product due to use of the database???

NIH's (and thereby Clinton's) position is that no one should
have to pay royalties on drugs / therapies developed based
on the human genome database?

If CRA's database will be made available soon enough in
advance of NIH's, then those (large) pharmaceutical
company's willing to pony up for CRA's database could get
a substantial lead in developing therapies, which will be
recovered by higher therapy costs, which will raise health
costs (including to Medicare), which Clinton has been
fighting a long time to reduce.

Since negotiations failed between CRA and NIH, Clinton has
taken a page from corporate America and "advertised" the
"FREE" genome in an effort to buy time for NIH.

Am I even >close< with this ... explanation????

BTW, though I'm new to this stock (bought at 133 this
afternoon), I am familiar with the general competing genome
project story.

RP