Message Font: Serif | Sans-Serif
 
No. of Recommendations: 1
http://biz.yahoo.com/st/010721/27912.html
An excerpt...I'm sure the part about "templates" will make some people scream...

"Night and day, the computers at Incyte Genomics churn out gene sequence data. Almost as quickly, Incyte's computers crank out gene-sequence patent applications.

Once scientists at the Palo Alto, Calif., biotech firm identify a sequence that may help develop profitable new drugs, the data is digitally funneled to Incyte's patent division. There the company's legal staff chooses from among 50 patent application templates that classify new genes and proteins by their function. "To write these applications from scratch would cost $15,000 to $20,000 and take four weeks," says Diana Hamlet-Cox, manager of Incyte's patent department. "We can file hundreds of sequences" in a week. Indeed, over the past nine years, Incyte has patented 580 gene sequences - more, she claims, than any other company."
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.