New Startup Hopes to Push Open Source Pharmaceuticals 101
waderoush writes "Nothing like the open source computing movement has ever caught fire in biology or pharmaceuticals, where intellectual property is king. But drawing inspiration from the people who make Linux software, and the social networking success of Facebook, Merck's cancer research leader has nailed down $5 million to launch a nonprofit biology platform called Sage, which aims to make it easier for researchers around the world to pool their data to make better drugs. 'We see this becoming like the Google of biological science. It will be such an informative platform, you won't be able to make decisions without it,' says Merck's Eric Schadt, a co-founder of Sage. He adds: 'We want this to be like the Internet. Nobody owns it.'"
Re:$5M won't even keep the lawyers on retainer... (Score:5, Funny)
...You should budget at least as much for this as for clinical trials or production facilities. $5M is peanuts in this game.
I'll work for peanuts!