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Piribo, the online destination for business intelligence for the biotech and pharmaceutical industry, has added a new report analysing bioinformatics market potential.

“Bioinformatics Market Potential” which is available at http://tinyurl.com/yk6x77b reports that bioinformatics and computational biology involve the use of techniques including applied mathematics, informatics, statistics, computer science, artificial intelligence, chemistry, and biochemistry to solve biological problems usually on the molecular level.

The 71 page report shows that research in computational biology often overlaps with systems biology. Major research efforts in the field include sequence alignment, gene finding, genome assembly, protein structure alignment, protein structure prediction, prediction of gene expression and protein-protein interactions, and the modelling of evolution.

Authors of the report explain that the terms bioinformatics and computational biology are often used interchangeably. However bioinformatics more properly refers to the creation and advancement of algorithms, computational and statistical techniques, and theory to solve formal and practical problems arising from the management and analysis of biological data.

Computational biology, on the other hand, refers to hypothesis-driven investigation of a specific biological problem using computers, carried out with experimental or simulated data, with the primary goal of discovery and the advancement of biological knowledge. Put more simply, bioinformatics is concerned with the information while computational biology is concerned with the hypotheses.

This report further explains the idea behind IT activity, which is fast altering the manner in which drugs are discovered and developed globally. The report looks at market activity presently undergoing at major global markets and the expanding prospects of bioinformatics in these markets.

“Bioinformatics Market Potential” is available from Piribo. For more information go to:  

http://www.piribo.com/publications/biotechnology/technologies/bioinformatics_market_potential.html

Piribo product ID: PRC00002

About Piribo.

Piribo (http://www.piribo.com/publications/biotechnology/technologies/index.html) is a UK-based independent online store supplying business information on the pharmaceutical and biotechnology industries. The website now carries over 17,000 English language titles including, market reports, studies and books and is the UK’s largest online biopharma information store. Subscribers receive a free monthly newsletter and email alerts on new titles in their areas of interest. The company was established in 2004.