Research and Markets: Informatic Tools and Technologies facilitating Drug Discovery, Design and Development?

DUBLIN, Ireland--(BUSINESS WIRE)--July 18, 2005--Research and Markets (http://www.researchandmarkets.com/reports/c20995) has announced the addition of Bioinformatics State of the Art: Strategies, Business Models and Trends for the Future to their offering.

Biotechnology had its origins in the latter half of the 1940s, but it is only in the past few years that this once esoteric field has become one of the most promising sectors for investment. Several important developments like the successful cloning of animals and the Human Genome Project have captured the attention of the public in general and in turn have helped them gauge the investment potential of this sector. Over the decades, the term "biotechnology" has had several different interpretations. While before the discovery of DNA in the late 1950s and 60s it was used to describe traditional activities like making diary products, bread, wine, cheese etc., after the discovery of the DNA it has been used widely to mean "genetic engineering" i.e., the modification of genes within cells and organisms by infusing genetic material from different sources.

Recent advances in the field of biotechnology provide substantial opportunities for development of products and services that can transform day-to-day activities.

One industry that has particularly benefited from the developments taking place in this sector is the pharmaceutical industry. However, because of the all-encompassing nature of biotechnology, the impact of developments taking place in this field is likely to be felt by a number of other industries. One such industry is the information technology (IT) industry. With vast amounts of information being generated due to advancements in biotechnology, there arises a need to effectively control and manage the information so generated.

IT provides a mechanism more popularly known as bioinformatics, which facilitates this process. In order to understand the nature and the importance of bioinformatics, it is essential to have an understanding of the field of biotechnology and its applications.

This report surveys the bioinformatics market and the latest information regarding emerging new products and industry trends. This report will quantify and qualify the bioinformatics market segments as an area of research, product development and investment. Forecasts of the bioinformatics market and an analysis of products in the worldwide information processing market will provide a basis for understanding the significance of past developments and future possibilities within this market category.

Key questions answered in this report:

-- How can informatic tools and technologies facilitate drug discovery, design and development?

-- What are the main types of informatic technologies that are currently available?

-- Who are the current key players in this marketplace?

-- Which life science informatics market areas have the greatest potential for growth?

-- What is the current state of the bioinformatics market?

-- Which biotechnology and pharmaceutical companies are investing in informatics solutions?

-- What are the main informatics business strategies adopted by leading companies?

-- What are the benefits of informatics?

For more information visit http://www.researchandmarkets.com/reports/c20995