NEW YORK (GenomeWeb News) – In an effort to address the high failure rate of drug candidates in clinical studies, the Wellcome Trust Sanger Institute, the European Bioinformatics Institute, and GlaxoSmithKline have partnered to create a new center that will use genomics and big data technologies to validate drug targets, EMBL-EBI said today.

Based at the Wellcome Trust Genome Campus near Cambridge, the Centre for Therapeutic Target Validation (CTTV) will launch with a £1 million ($1.7 million) investment from GSK that will fuel its initial research projects.

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