Other groups are also pitching into drug discovery and development.

ECONOMIST: REPORTS

" Later, he adds, "My own research interests have moved to drug discovery and vaccine development.

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It has a long history of science and pioneering drug discovery and vaccine development.

FORBES: Peter Kim To Head Merck's Labs

Geron and GE Healthcare, a division of General Electric, are developing and commercializing cellular assay products derived from human embryonic stem cells for use in drug discovery, development and toxicity screening.

FORBES

General Electric ( GE - news - people ), are developing and commercializing cellular assay products derived from human embryonic stem cells for use in drug discovery, development and toxicity screening.

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Alongside her identical twin sister, Giusti founded the Multiple Myeloma Research Foundation (MMRF) in 1998 in search of more aggressive and accelerated approaches to drug development and perhaps even the discovery of a cure in her lifetime.

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Already, all major pharmaceutical companies are spending billions of dollars in research and development for every drug they manage to get to market, and the discovery effort is only getting more expensive.

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Although the cost of developing drugs is accelerating, meaning that the number of drugs per pound invested in research and development is decreasing, there is a wealth of innovation in UK drug discovery.

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The centre will integrate expertise in cell biology, mass spectrometry, proteomics, "big-data" analytics, drug discovery and computer science to exploit the potential of the human genome project for healthcare and the development of safer drugs.

BBC: Dundee University awarded ?700,000 for DNA data project