Clarivate Analytics plc, a global leader in providing trusted insights and analytics to accelerate the pace of innovation, has acquired the business of SequenceBase, a leader in providing patent sequence information and search technology to the biotech, pharmaceutical and chemical industries.
The acquisition will deliver an expanded solution to the fast-growing biologics market. It complements Derwent’s GENESEQ™ database and leading patent research platform Derwent Innovation™, providing users with an intuitive solution to easily search, analyze and find context in sequence data within patents. GENESEQ is a proprietary database trusted by the largest players in biologics today. It is the only database to provide annotated analysis to help simplify the complexity of searching and identifying biological sequences (DNA, RNA and protein sequences) covered in patents from over 50 patent issuing authorities.
Biotech advancements have made large-scale development of biological drugs easier and more cost-effective. As such, the global biologics market continues to grow and life science IP professionals need to be better equipped to easily search and analyse patents containing sequences. A typical new drug can cost over $2bn to bring to market and the acquisition of SequenceBase will allow Derwent users to find the answers they seek faster in pursuing new biologics innovation.
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