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Planet Earth Turning

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News release July 2004

Kinasource has just finalised its second year in business.

Axel Knebel, the director says: “It is an exciting time for us to start this company from scratch and grow it into an important research company. We have seen good uptake of our services during the last two years and expect a further increase in business for the foreseeable future. Some of the collaborations with Universities are maturing into publications now and I think we can expect some strong feedback from these papers. We will also launch products, timed with the publication of this research.

Our customers in the pharmaceutical industry report considerable progress in their kinase programs, understanding more about their kinases and developing much better assays, using the results of our KESTREL screens.

The business is still based at the University of Dundee, but serves customers around the world, including some in Sweden and Germany but also as far as the west coast of the United States. Both smaller and larger pharmaceutical companies, but also quite a few Universities are buying services from Kinasource. We can provide a results report to our customers within minutes of completion, using the internet as a carrier. Of course, confidential information is sent by courier rather than the web.

We are looking forward to the future and hope to finally get a foothold in the UK, which is currently a pretty inert market for Kinasource”