Sunday, April 14, 2013

GSK signals a new journey with Electroceuticals

Pharmaceuticals, Nutraceuticals and now Electroceuticals!!
 
Glaxosmithkline (NYSE:GSK) have announced their entry into a new field of medicine known as Electroceuticals. The company have entered into academic institutions and encourage research on developing new therapeutics which can treat diseases via electrical signals. The company is crowdsourcing for this venture has announced a prize money of $1 million for an innovative treatment option.
The company is nterested in projects that begin detailing how nerves in the body are related to particular diseases, understand the firing patterns of those nerves, and explore new technologies that will enable to interface with multiple individual nerve fibres.  As a first step, the company has put up an Ideation challenge via Innocentive with a prize money of $ 5000
Bioelectronic medicines or “electroceuticals” promise to treat disease by modulating neural electrical impulses. Which specific disease has a major peripheral neural control component and would be the best proof of principle for such medicines?
You do not need to perform any experiments, only to describe the conceptual approach and need in a total of 3 pages!
This is an Ideation Challenge with a guaranteed award for at least one submitted solution. Solvers can also be considered for research funding.
GlaxoSmithKline (GSK) will also be convening an international conference for the bioelectronic research community in December 2013, encouraging researchers to meet, build relationships and share early findings.
A commentary on Nature is quite fascinating read and I’m certainly interested to know more about and I have more to post on this subject in the near future… Watch out for more….