Portfolio news 2010
InhibOx Ltd – Chairman Professor Graham Richards CBE cited on List of Britain’s Top 100 Scientists
07 Oct 2010
Professor Richards recognized for
significant contributions to science and business
InhibOx, the Oxford-based computational drug discovery specialist,
is proud to announce that its Founder & Chairman, Professor W.
Graham Richards CBE, appeared in today’s publication in The
Times of “Eureka 100: The 100 Most Important People in
British Science”
Professor Richards’ inclusion in this list follows a long
string of awards which recognize his continuing contribution to
science and its commercial application. He has received the Lloyd
Kilgerran Prize for the application of science for the benefit of
society, the Mullard Award from The Royal Society, the Italgas
Prize and the 2004 Award of the American Chemical Society for
Computers in Chemical and Pharmaceutical Research.
Professor Richards is a leading pioneer in the development and
application of computer-aided drug discovery. His research at
Oxford University led to his founding Oxford Molecular Ltd. in 1990
which was successfully floated on the London Stock Exchange, before
eventually being acquired by Accelrys Inc. in 2000. He co-founded
Isis Innovation, Oxford’s spin-out organization, leading to
the creation of many very successful technology companies and
generating significant funds for the University. He was appointed
as Oxford’s first Chairman of Chemistry – a post he
held from 1997 to 2006. He forged an innovative investment deal
with the company which became IP Group Plc which helped fund the
new Chemistry Research Laboratory in Oxford. He is now a Senior
Non-executive Director at the IP Group Plc and has served as a
council member of the Royal Society of Chemistry and of The Royal
Institution.
Professor Richards established the ScreenSaver LifeSaver project
– the biggest computational chemistry project ever
undertaken, involving the use of over 3.5 million computers
worldwide in virtual screening to search for cancer drug
candidates. The outstanding success of this project led to his
founding InhibOx Ltd., to further develop and exploit the concept
of very large scale computational drug discovery. The company,
where Professor Richards serves as Chairman, has operations in
Oxford and Princeton and is enjoying rapidly growing success with
its pioneering use of cloud computing to achieve the scale required
for rigorous computational drug discovery. Professor Richards has
donated his shares in the company to a cancer research
charity.
InhibOx CEO, Paul Davie, today commented,
“We are delighted to see Graham’s continuing work, in
pioneering new drug discovery technologies and seeing them through
to practical commercial application, recognized by his inclusion on
this list of the most influential scientists in Britain today. His
contributions to science, business and society in general have had
a profound, positive impact. Graham continues to act as a positive
role model for all scientists seeking to maximize the commercial
use their inventions”.
About InhibOx
InhibOx
delivers novel and effective computational methods for drug
discovery to improve the productivity of lead and candidate
identification and optimization, through consultancy and
software-as-a-service channels. The company is a pioneer in the
application of cloud computing to drive very large scale
computation at high accuracy, bringing for the first time
no-compromise computational drug discovery processes to bear in
pharmaceutical and biotech research. InhibOx was founded by
Professor W. Graham Richards, former Chairman of Chemistry at the
University of Oxford and world-leading computational chemist. The
company grew from the outstandingly successful Screensaver
Lifesaver project which involved some 3.5 million personal
computers in over 200 countries: the world's biggest computational
chemistry experiment finding lead compounds to inhibit cancer
targets, anthrax and smallpox. Since then, InhibOx has built up a
proprietary technology platform in computer-aided drug design,
funded by VCs, private investors, Oxford University and EU grants.
Ongoing activities comprise the development of entirely novel
computational drug discovery methods; building Scopius, the
world’s largest curated database of 3D structures and
properties, and their delivery to the life science industries.
Contact
Details:
http://www.inhibox.com/
Email: contactus@inhibox.com
Tel: +44 1865 262000