U. of Edinburgh, Cognia EU Win $10.2M from Scottish Government for Life Science Textmining Tools

NEW YORK, March 15 (GenomeWeb News) - Cognia EU and the University of Edinburgh's School of Informatics have won £5.3 million ($10.2 million) from the Scottish government for a three-year project to develop text mining technologies for life sciences applications, ITI Life Sciences, which distributes the funding, said today.

The aim is to develop software that enables researchers to create databases of information hidden in the scientific and medical literature. Later, this technology can be developed and commercialized for other markets besides life sciences, according to ITI.

Cognia EU, a new subsidiary of US-based Cognia currently being set up in Edinburgh, will be responsible for application design, software development, biology-specific work, and database development. Cognia will also commercialize any products using its distribution channels. The Universityof Edinburghwill develop new Natural Language Processing techniques.