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$2 million federal grant to study cancer drug action

as a basis, GNS will simulate detailed models of cells incorporating up to 2,000 components.Hill believes the company's research program will make the drug-discovery process -- often considered haphazard and full of educated guesswork -- more predictable for pharmaceutical and biotech companies. "This is the new technology that will revolutionize pharmaceutical drug discovery," he says.

This is GNS's second federal award. In September the company received a $100,000 Small Business Innovation research grant from the National Institutes of Health to model key colon cancer signaling pathways and to test the predictions of the company's cell computer simulations.

The GNS ATP award was one of 40, totaling $101.6 million, granted by the program in the 2002 annual competition. The awards will be matched by industry cost-sharing of $92 million if carried through to completion. GNS was one of three New York state companies receiving the awards.

The ATP program bridges the gap between the research lab and the marketplace by stimulating innovation through partnerships with the private sector. ATP's early stage investment accelerates the development of innovative technologies that promise significant commercial payoffs.


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Contact: Blaine P. Friedlander Jr.
bpf2@cornell.edu
607-255-3290
Cornell University News Service
22-Oct-2002


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