His Corporate Strategy: The Scientific Method
By ANDREW POLLACK - THE NEW YORK TIMES
Added: Sun, 05 Sep 2010 15:58:40 UTC

Sandy Huffaker for The New York Times
J. Craig Venter is moving past the human genome — for example, by designing algae that could replace fossil fuels.
THE scientific rebel J. Craig Venter created headlines — and drew comparisons to Dr. Frankenstein — when he announced in May that his team had created what, with a bit of stretching, could be called the first synthetic living creature.
Two months later, only a smattering of reporters and local dignitaries bothered to show up at a news conference to hear Dr. Venter talk about a new greenhouse that his company, Synthetic Genomics, had built outside its headquarters here to conduct research.
The contrast in the fanfare reflects the enormous gap between Dr. Venter’s stunning scientific achievements and his business aspirations.
Dr. Venter, now 63, made his name as a gene hunter. He was co-founder of a company, Celera Genomics, that nearly left the federally funded Human Genome Project in the dust in the race to determine the complete sequence of DNA in human chromosomes. He garnered admiration for some path-breaking ideas but also the enmity of some scientific rivals who viewed him as a publicity seeker who was polluting a scientific endeavor with commercialism.
Now Dr. Venter is turning from reading the genetic code to an even more audacious goal: writing it. At Synthetic Genomics, he wants to create living creatures — bacteria, algae or even plants — that are designed from the DNA up to carry out industrial tasks and displace the fuels and chemicals that are now made from fossil fuels.
“Designing and building synthetic cells will be the basis of a new industrial revolution,” Dr. Venter says. “The goal is to replace the entire petrochemical industry.”
His star power has attracted $110 million in investment so far, in addition to hundreds of millions of dollars in research financing, making Synthetic Genomics among the wealthiest companies in the new field known as synthetic biology. “If you think of an iconic, Steve Jobs character in the life sciences field, he comes to mind,” says Steve Jurvetson of the venture capital firm Draper Fisher Jurvetson, which invested in Synthetic Genomics.
... continue reading
Tweet
RELATED CONTENT
Ferroelectric switching discovered for...
- - Physorg.com 7 Comments
Ferroelectric switching discovered for first time in soft biological tissue
Redundancy Reduction and Pattern...
Richard Dawkins - Edge 11 Comments
Redundancy Reduction and Pattern Recognition: Richard Dawkins's Answer to the Annual Edge Question
Apoptosis and Signal Transduction
Drew Berry - YouTube - dprjones 15 Comments
An exploration of what a signal transduction would 'look like' if you were to follow the chain of molecular events along a pathway
Stunning view of a bloom from space
Phil Plait - Bad Astronomy 6 Comments

Stunning view of a bloom from space
Drew Berry: Animations of unseeable...
- - YouTube - TED 32 Comments

Drew Berry: Animations of unseeable biology
MORE BY ANDREW POLLACK
U.S. Says Genes Should Not Be Eligible...
Andrew Pollack - The New York Times 36 Comments




















Comments
Comment RSS Feed
Please sign in or register to comment
View Comments Page