Financial Daily from THE HINDU group of publications
Saturday, Jul 06, 2002

Port Info

Group Sites

Corporate - Alliances & Joint Ventures

Strand Genomics, Biocon arm in joint venture

Our Bureau


THE Bangalore-based Strand Genomics and Clinigene International, a subsidiary of Biocon India, today announced a strategic partnership.

Strand will use its proprietary data mining tool `Soochika' to analyse clinical data generated by Clinigene in various registries to discover patterns that can give insights into diseases, said a press release.

"The partnership is the first of its kind in the country to pursue biomarker discovery in specific disease segments through clinical research on a bioinformatics platform. We are confident that we will announce early breakthroughs," said the release quoting Dr A.S. Arvind, COO, Clinigene.

Clinical data, when analysed, can offer biological wisdom, which in turn could lead to novel diagnostics and therapies.

Strand has developed proprietary algorithms for finding interesting patterns in clinical data and has already used the algorithms to unearth significant parameters.

"We expect the combination to create valuable intellectual property," said Dr Vijay Chandru, Chairman and Chief Scientist of Strand Genomics.

Clinigene has developed registries based on patient populations in diabetes and lipidemia with valuable clinical data at three levels — biochemical, proteomic and genomic.

Send this article to Friends by E-Mail

Stories in this Section
NIIT software business gets distinct identity — Not a prelude to spin-off, says Pawar

Tata Steel to create charges to borrow Rs 500 cr more
Novartis India to launch two cardio products
ICAI to set up financial report review panel
Producer company clause approved
Greentech award for Kudremukh
Leyland invests Rs 52 crore in data centre
ACC proposes Rs 100-cr NCDs
`AA-' for IPCL's NCD issue
Cummins acquires CG Newage stake
`Good governance need of the hour in corporate sector'
Aurobindo sets up unit for generic anti-retrovirals
Reclaiming materials from used batteries — Exide plans jt venture with Malaysian co
Strand Genomics, Biocon arm in joint venture
Govt rejects Coke plea again but grants it a month's grace
Cabinet clears budgetary support for IDPL revival
Kerala HC admits Trayons writ against BIFR order
Hindalco expects 6% growth in demand
Raymond's views future with `cautious optimism'
Mahyco-Monsanto sells entire Bt cottonseed stock

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line