Linguamatics Embraces Informatics
February 9, 2012
Fierce Biotech IT announces, “EU Program Backs Linguamatics and ChemAxon’s Informatics Work.” The European Union’s Eurostars Program grants research and development funding to small and medium companies.
The project being funded is, according to the companies, the first interactive text-mining system specifically for chemistry research. Writer Ryan McBride elaborates:
The companies say that pharma and biotech outfits are expected to be the main customers for the technology. With this tool, ChemAxon and Linguamatics want drug companies or other users to be able to do chemical evaluations, hunt for new chemicals, get structure visualizations in searches and ‘explore image to structure conversion,’ according to the companies’ press release.
More personalized medical research is expected to be one application of the system. That sounds promising.
ChemAxon serves the biotechnology and pharmaceutical fields worldwide, providing chemical software development platforms as well as desktop applications.
Linguamatics bases its data management solutions on natural language processing technology. I2E is the company’s flagship text mining software, also available in the cloud as I2E OnDemand.
Cynthia Murrell, February 9, 2012
Sponsored by Pandia.com
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