MALAYSIAN TECHNOLOGY STRATEGIC OUTLOOK 2019/2020

BIOINFORMATICS

Deciphering The Biological Coding Bioinformatics is a fast-growing discipline, well-developed institutional basis that includes professional communities and providers of specialist professional training. Commonly defined as the science of managing, analysing, storing, and merging biological data using advanced computing techniques and information technology. Using this multidisciplinary approach, bioinformatics makes transformation of complex life science data into a more understandable and actionable insight possible. This enables the researchers to integrate disparate data sets for the purposes of identifying and validating novel biomarkers and developing precision medicines with the convenience of technology advancement. The global bioinformatics market is driven by various sectors and applications including biotechnology, pharmaceuticals, agriculture, food safety, chemical and manufacturing. According to LUX Research, companies tied to pharmaceutical development remain the key players in this space and include Qiagen, DNAnexus, Genedata, and BGI Technologies, but many consulting companies and start-ups have entered the space. Development efforts remain focused in China and the U.S., with a strong open-source contingent from the academic sector. Moreover, solutions and service providers are supporting the bioinformatics R&D through the application of computational tools; and approaches for expanding using biological, medical, behavioural and health data. Top ten bioinformatics solution providers for 2019 that exhibit competence in delivering best-in-class solutions are Celbridge Science, iNDX.Ai, Monoceros Biosystems, Seven Bridges, Skyland Analytics, Interpace Diagnostics, Qiagen, Qlucore, Timelogic and Vium (CIO Application, 2020). The figure shows the percentage of patents by country.

Percentage Of Patents

JAPAN

SINGAPORE INDIA

OTHER

REPUBLIC OF KOREA

1

4

CANADA

2 2

3

4

AUSTRALIA

CHINA

% OF PATENTS

6

38

EUROPEAN PATENT OFFICE

6

12

PCT

22

UNITED STATES OF AMERICA

Source: WIPO, April 2020

The biological data revolution that bioinformatics emerges fromcarries significant potential; it includesboth thechallenges inherent to big data (extracting, relating, standardising, and interpreting) and the challenges associated with the inherent diversity and complexities of biological systems and disparate science disciplines. The exponentially rapid technology development will increasingly dispose the need for manual work derived mostly from data processing, information acquisition, and likely more commonly support high-value responsibilities like data analysis, reasoning, and various decision-making tasks.

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Malaysian Technology Strategic Outlook 2019/2020 Intergration of High Technology

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