Genset, a biotechnology company, was established in 1989 in Paris, France with Pascal Brandys as its first president. Genset became the European flagship in the field of genomics and the second largest biotechnology company in Europe in 1999. Genset was a pioneer in private human genome research. For example, Genset started in 1994 the first large scale program to analyze the regulatory sequences of the human genome and also initiated in 1998 the construction of a map of single nucleotide polymorphisms as a tool to accelerate the discovery of genes associated with diseases. The company also created the business model of pharmacogenomics and started the first pharmacogenomics research program in the world in collaboration with Abbott Laboratories in 1997. After 2000 Genset changed its strategy to focus on drug development leading to the departure of its president and other scientific founders. The strategy shift proved unsuccessful and Genset was acquired by Serono of Switzerland in 2002. The structure of insulin Biotechnology is a technology based on biology, especially when used in agriculture, food science, and medicine. ... 1989 (MCMLXXXIX) was a common year starting on Sunday of the Gregorian calendar. ... The Eiffel Tower, the international symbol of the city For other uses, see Paris (disambiguation). ... Pascal Brandys (born November 30, 1958 in Roanne) is a French engineer and entrepreneur. ... A flagship is the ship used by the commanding officer of a group of naval ships. ... Genomics is the study of an organisms genome and the use of the genes. ... Europe is conventionally considered one of the seven continents of Earth which, in this case, is more a cultural and political distinction than a physiographic one, leading to various perspectives about Europes borders. ... 1999 (MCMXCIX) was a common year starting on Friday, and was designated the International Year of Older Persons by the United Nations. ... The human genome is the genome of Homo sapiens. ... 1994 (MCMXCIV) was a common year starting on Saturday of the Gregorian calendar, and was designated like the International Year of the Family and the International Year of the Sport and the Olympic Ideal. // Events January Bill Clinton January 1 : North American Free Trade Agreement (NAFTA) goes into effect. ... A regulatory sequence is a promoter, enhancer or other segment of DNA where regulatory proteins such as transcription factors bind preferentially. ... 1998 (MCMXCVIII) was a common year starting on Thursday of the Gregorian calendar, and was designated the International Year of the Ocean. ... A Single Nucleotide Polymorphism or SNP (pronounced snip) is a DNA sequence variation, occurring when a single nucleotide: adenine (A), thymine (T), cytosine (C) or guanine (G) - in the genome is altered. ... Look up discovery in Wiktionary, the free dictionary. ... This stylistic schematic diagram shows a gene in relation to the double helix structure of DNA and to a chromosome (right). ... A disease is any abnormal condition of the body or mind that causes discomfort, dysfunction, or distress to the person affected or those in contact with the person. ... A business model (also called a business design) is the mechanism by which a business intends to generate revenue and profits. ... Pharmacogenomics is the branch of pharmaceutics which deals with the influence of genetic variation on drug response in patients by correlating gene expression or single-nucleotide polymorphisms with a drugs efficacy or toxicity. ... A little known fact is that kermit the frog was named after an abbott healthcare worker in 1967. ... 1997 (MCMXCVII) was a common year starting on Wednesday of the Gregorian calendar. ... This article is about the year 2000. ... A strategy is a long term plan of action designed to achieve a particular goal, as differentiated from tactics or immediate actions with resources at hand. ... It has been suggested that this article or section be merged into Pharmacology. ... Serono is a global biotechnology company headquartered in Geneva, Switzerland, with over 4,900 employees. ... For album titles with the same name, see 2002 (album). ...

Sources and references

Genset - 1989 Harvard Business Online Paul A. Gompers, Amy L. Burroughs

Genset Initial Public Offering Harvard Business Online Paul A. Gompers, Jeffrey Anapolsky

Capitalizing on the genome Nature Genetics 13, 1-1 (1996) Editorial

Pharmacogenomics Nature Biotechnology 18, 40-42 (2000) Technologies

Decoding the literature on genetic variation Nature Biotechnology 21, 21-29 (2003) Roger Coronini