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Around 200 leaders from the pharmaceutical industry, venture capital and academia attended the launch of the Drug Discovery and Development Unit (D3) at the Italian Institute of Technology (IIT) in Genoa on Friday 9th April
Roberto Cingolani, Scientific Director of the IIT, welcomed guests to the 30,000 square metres of newly equipped lab space, including nanobiotec hnology and neuroscience, which now employs nearly 600 scientists from 38 countries.
Daniele Piomelli, Director of the D3, said D3 would be focused on discovering new drugs in pain, inflammation and dementia and is looking to partner with external collaborators to advance key projects.
The launch event, entitled PharmaFuture 2010, heard leaders from the pharmaceutical industry predict that the future of new medicines would depend on collaborations between academia, biotechnology and industry.
“The key way to move forward in drug discovery and development is to have good interconnectivity”, Bill Burns, the newly retired Chief Executive Officer of Roche Pharmaceuticals, told delegates.
“No single institution is doing all of the right things, so partnerships are crucial to the development of innovative new medicines. The industry needs to harness science from hybrid groups like the D3, who are working in an inspired way to advance the discovery of new drugs in important therapeutic areas.”
Sergio Dompé, President of Italy’s pharmaceutical industry association, Farmindustria encouraged local industry to form collaborations to further drug discovery.
“Here in Italy we have extremely skilled scientists who have great ideas, but we face a challenge in getting new R&D projects off the ground,” he said. “Collaborations between industry and academia, such as the model employed here at D3, are crucial to the success of the Italian pharmaceutical industry”. |