Economic Recovery: Labs Get Down to Business

BIOTECHNOLOGY: CENIX

Before Christophe Echeverri decided to spin his postdoctoral project into a biotech company called Cenix BioScience in 1999, he hesitated, fearing the switch from lab coat to business suit was a "move over to the dark side." Echeverri had been invited to turn the research he was doing at the European Molecular Biology Laboratory in Heidelberg into a commercial venture under the well-endowed wing of the Max Planck Institute, Germany's elite scientific research body. Echeverri didn't hesitate long, seeing the opportunity as a once-in-a-lifetime chance to prove that his theories actually worked. So when the new Max Planck Institute of Molecular...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!