Bio-ITWorld Conference & Expo Upbeat about Technology as Catalyst for Life Sciences Research
FRAMINGHAM, MA – APRIL 1, 2003 – IDG World Expo, the leading producer of world-class tradeshows, conferences and events for IT markets, today announced that Bio-ITWorld Conference & Expo attracted 4,292 life sciences and IT professionals to its educational sessions and exhibits at the Hynes Convention Center in Boston last week. Exhibiting companies showcased the newest technology products for the life sciences, disseminated information about customer success stories and sought out new business partnerships.
"IBM Life Sciences was the Cornerstone Sponsor of the Bio-ITWorld 2003 show in Boston," said Inna Kuznetsova, IBM Life Sciences' worldwide integrated marketing communications manager. "Bio-ITWorld provided an excellent venue for us to talk to life sciences professionals about new IBM solutions for drug discovery and development, information-based medicine, and regulatory compliance. We had a lot of booth traffic; in fact, there was never a quiet moment on the floor. The Bio-ITWorld Conference is one of the most important industry events of the year. IBM has been a participant since its inception."
Pharmaceutical, biotechnology, academic, government and life science professionals came to Bio-ITWorld to learn about the latest technologies and techniques, network with their peers and find out more about the rising stars of the emerging bio-IT industry. In over three dozen conference sessions, symposia and keynotes, speakers conveyed an upbeat message about a promising future for bio-IT, despite a backdrop of war and a strained U.S. economy.
"It's encouraging to see specific instances of bio-IT making strides, as we've seen this week at Bio-ITWorld Conference & Expo," said Rob Scheschareg, vice president of sales, marketing and product development, IDG World Expo.
New products unveiled
Bio-ITWorld featured numerous companies showcasing the newest technology solutions to help speed life sciences research and development. Key players providing technology solutions for the life sciences were represented on the Bio-ITWorld expo floor, including Avaki, EMC, Hewlett-Packard, IBM, Linux Networx, LION bioscience, Network Appliance, NuGenesis Technologies and Platform Computing.
Attendees were treated to a sneak peek of the latest bio-IT products, and a number of exhibitors announced new strategic partnerships. For example:
Exploria introduced the Global Presentation System, the first of its kind, secure, fully automated, on-line/off-line hybrid system for the deployment of high-end graphic presentations and other media to targeted audiences
IBM announced that it is collaborating with iCapture Research Centre to investigate the linkages between genetic and environmental influences on heart, lung and blood vessel diseases, using iQ Engine powered by IBM DB2 database software and IBM's WebSphere software
Network Inference launched Cerebra(R) Construct, a Visio-based graphical modeler that enables users to create and maintain ontologies to describe large and complex domains of knowledge
NuGenesis Technologies showcased the next generation of its industry-leading NuGenesis Scientific Data Management System (SDMS), enabling broad data management across the entire life cycle of scientific data and easy integration within the existing technology structure
SciQuest launched LifeCycle Biologicals Manager, a specialized materials management solution that streamlines biological sample management to reduce redundant processes and enable global access to critical research assets
Thermo Electron Corporation introduced the integrated eRecordManager/Tivoli Storage Manager solution, a joint solution it is developing with IBM Life Sciences group to better support the global life science community in managing, archiving, and restoring analytical data for the long term
Waban Software introduced Waban LIMS 2.0, featuring a new modular architecture that enables rapid 21 CFR compliance updates and aids researchers and developers in managing vast amounts of laboratory data and decision analytics through seamless integration with emerging third-party technologies and other applications for genomics, proteomics and pharmacogenomics
The conference program kicked off with two, half-day scientific symposia, offered for the first time at Bio-ITWorld Conference & Expo. The Post-Genomic Frontiers Symposium, which drew standing room only crowds, featured leading scientists illustrating how knowledge of the genome and a stream of new technology is being applied in fields such as pharmacogenomics, proteomics, chemical biology and systems biology. Also packed was the E-Clinical Trials Symposium, which featured prominent scientists discussing the technologies which are paving the way to more efficient drug trials, decision-making strategies and the state of the clinical trial management systems marketplace. Both symposia were co-organized by Bio-IT World magazine.
Dr. Francis S. Collins, director of the National Human Genome Research Institute (NHGRI) at the National Institutes of Health, presented the opening keynote address. Dr. Collins discussed the NHGRI's nearly-completed genome sequencing project, but added that we are merely "at the starting line" of applying the knowledge of the genome to improve human health. Dr. Caroline A. Kovac, general manager of IBM Life Sciences, showed attendees the future of medical care during her keynote presentation, which focused on the promise of information-based medicine – the use of massive databases of information about patients to help prevent, diagnose and treat diseases. Attendees also heard from Dr. Stephen H. Friend, president of Rosetta Inpharmatics and vice president of Molecular Profiling at Merck & Co., Inc., who discussed molecular profiling and modifying the traditional drug discovery pathway to reduce inefficiencies.
Debra Goldfarb, group vice president of Worldwide Systems and Life Sciences Research at IDC, delivered a feature presentation examining the influence that the convergence of IT and the bioscience market will have on the business of drug discovery. According to IDC, the current "cool things" in bio-IT to watch include the $1,000 genome (a personalized genetic profile for individuals to use); instrumentation, diagnostics, monitoring and imaging services (all of which create market opportunities); systems biology and personalized healthcare. IDC estimates that the bio-IT market will grow from $12.2 billion in 2001 to more than $30 billion in 2006, representing a 20 percent compound annual growth rate.
Bio-ITWorld included more than three dozen educational sessions covering key issues and challenges faced by life sciences and IT professionals. Conference attendees chose from sessions distributed among four conference tracks: Technology Infrastructure & Applications, Computational Solutions for Life Science Problems, Knowledge Discovery and Management, and Business and Operations in Life Sciences IT. Popular sessions included "Knowledge Management at Novartis," "Semantic Data Integration and Constructing Biological Pathway Models," "I3C – Accelerating Life Science Discovery through Interoperable Software Systems," and "Mayo Clinic/IBM Collaboration: Big Bio and Big IT."
Start-ups vie for funding
The Bio-ITWorld Venture Summit returned to Boston to address the venture capital landscape for the bio-IT marketplace, as venture capitalists and technology entrepreneurs met to discuss key technologies and scientific breakthroughs. The day-long program was comprised of industry reports from Ernst & Young and IDC, interactive panel sessions of bio-IT buyers and venture capitalists, and individual presentations from cutting-edge bio-IT enterprises. Companies seeking funding included Veritas Medicine, SoftLogic, GeneStruct, Metabolon, Kenna Technologies, Akceli, MetriGenix and Cyntellect.
Best of Show Awards announced
The Bio-ITWorld Best of Show Awards, held in conjunction with Bio-IT World magazine, made their Boston debut at last week's event. Introduced for the first time at Bio-ITWorld Conference & Expo/San Diego 2002, the awards recognized exceptional bio-IT innovations showcased by Bio-ITWorld's exhibitors. The following products received Best of Show Awards in a ceremony held on Wednesday, March 26:
Information Technology Infrastructure:
Avaki Corporation, Avaki Data Grid 3.0
AnVil, AnVil Data Analysis Platform Technology (ADAPT)
Knowledge Management and Collaboration:
NuGenesis Technologies, Scientific Data Management System (SDMS)
Bio-ITWorld Conference & Expo will return to Boston's Hynes Convention Center next year, March 30 – April 1, 2004. For more information, visit http://www.bioitworldexpo.com.
About Bio-ITWorld Conference & Expo
Bio-ITWorld Conference & Expo (www.bioitworldexpo.com), produced by IDG World Expo, is the leading event to demonstrate how technology is transforming the life sciences throughout all discovery and development processes. IDG World Expo designed Bio-ITWorld exclusively for life science professionals looking to evaluate and understand advanced solutions that generate, collect and analyze the flood of information being produced by the life sciences industry. Visionaries from the biotechnology, pharmaceutical, healthcare, academic and government markets convene at Bio-ITWorld to learn how the latest tools, services and best practices will help revolutionize our health, our environment and our society.
For more information on Bio-ITWorld Conference & Expo please contact Ryan Colby, Product Manager at (508) 424-4811 or via email at firstname.lastname@example.org. More information is also available by calling (800) 560-7612.
About IDG World Expo
IDG World Expo (http://www.idgworldexpo.com) produces IT-focused tradeshows, conferences and events for professionals seeking world-class education, peer-to-peer networking and one-stop comparison shopping. As the leading IT event management company, IDG World Expo leverages its experience and knowledge of IT-focused events and conferences, enabling technology companies to capture the attention and loyalty of influential buyers. IDG World Expo's portfolio of conferences and events includes Macworld Conference & Expo, LinuxWorld Conference & Expo, Bio-ITWorld Conference & Expo, COMNET Conference & Expo, Integrated Security Conference & Expo, BiometricsWorld Conference & Expo and Portable Power Conference & Expo. IDG World Expo is a business unit of IDG, the world's leading technology media, research and event company.
IDG publishes more than 300 magazines and newspapers and offers online users the largest network of technology-specific sites around the world through IDG.net (www.idg.net), which comprises more than 330 targeted Web sites in 80 countries. IDG is also a leading producer of 168 computer-related events worldwide, and IDG's research company, IDC, provides global market intelligence and advice through 51 offices in 43 countries. Company information is available at www.idg.com