Word: scientists
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Dates: during 1990-1999
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...only can such filings be sloppy genetics, they can also be bad business. est applications may lead to so-called submarine patents, claims that are made today and then vanish, only to reappear when some unsuspecting scientist finds something useful to do with genes hidden in the patent. To prevent this, Lehman requires that est applications include no more than 10 genetic sequences. Each 10 after that requires a separate application--and a separate filing fee. "Companies will now have an incentive to file more selective applications," says Lehman...
...surprise, therefore, that private firms have plunged into human-genome projects of their own. Nor is it surprising, given the potential payoff, that their scientists have found ways to speed up the decoding process. Indeed, one such company--Celera Genomics Corp., led by maverick scientist Craig Venter (see following story)--declared last spring that it would have the job substantially wrapped up in three years...
Venter's Miami gene festival captured many sides of a complex personality that seems to thrive on rattling the world of molecular biology. In his most recent seismic event, the maverick-millionaire-scientist-cum-rock-fan announced last May that his privately funded lab will decode the entire human genome years faster and for hundreds of million of dollars less than the U.S. government's vaunted Human Genome Project...
Venter flourished in the private sector. Backed by venture capitalist Wallace Steinberg, he founded the Institute for Genomic Research (TIGR) and within a year had been transformed from a government scientist with a $2,000 savings account to a millionaire. He gave gifts of stock to his family and Fraser's, and bought the Sorcerer. Meanwhile, he continued to pour money into genomics, completing gene maps of the Haemophilus influenzae bacterium in 1995, followed by those of H. pylori, which causes ulcers, and the syphilis microbe...
...Young scientist whose experiment undercut the widely practiced medical treatment known as therapeutic touch...