ORGLIST: ChemWeb: WEB-BASED PARTNERSHIP BOOSTS SCIENTIFIC R&D

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From: Vickery, Bryan (ELSLON) (bryan.vickery$##$chemweb.com)
Date: Mon Mar 18 2002 - 09:35:18 EST


NEW WEB-BASED PROBLEM SOLVING PARTNERSHIP
BOOSTS SCIENTIFIC RESEARCH AND DEVELOPMENT

The Chemical World stands to reap substantial benefits from increased
problem solving, through the newly formed partnership between
InnoCentive and ChemWeb.com. Problems, information for help with their
solutions, and a ready-made audience of potential solvers are now
available in one place.

Scientists around the world logging into ChemWeb.com are now potentially
able to derive substantial rewards by solving scientific problems posted
on the site by InnoCentive. Top science-based companies also stand to
find quick answers to problems by tapping directly into the global
scientific community via ChemWeb.com.

InnoCentive offers scientists the opportunity to submit solutions to
problems submitted by seeker companies. Scientists are easily able to
quickly find problems that match their experience and expertise and then
collaborate or work independently for financial incentives and peer
recognition, in order to derive the best solution. Scientists work and
submit solutions with the best solution receiving substantial financial
award. Solution seeking companies benefit from quick solutions to
problems at good value, and an easy, convenient and reliable way to tap
into the entire global scientific community, an effective alternative to
expanding scientific research and development capacity.

ChemWeb.com offers an audience of over 300,000 scientists working in
chemistry-related fields, around the world. It also hosts the largest
amount of relevant information and tools in any one place on the Web,
which scientists can use to solve these problems.

ChemWeb.com will feature an 'InnoCentive Challenge of the Month'. This
feature will include links to relevant content and tools on the site to
assist with solving the problems.

Bill Town, Managing Director, ChemWeb, said, "Once again we are
improving on our much needed community-based service for the world's
chemists. This is a further example of how ChemWeb.com
constantly drives to aid and advance scientific research."

"We are very excited about the alliance with ChemWeb", said Cesar
Castro, Vice President of Marketing for InnoCentive. "The relationship
will bring us closer to achieving two of our major initiatives, further
enhancement of our international solver base and expanding into other
scientific disciplines. The collaboration is great news for our solvers
as well as our solution seeking clients."

CONTACT
Jenny Drey, Press Officer, ChemWeb.
Tel/Fax: +44 (0)20 7622 9301 Email: jenny.drey$##$ChemWeb.com

--- ENDS ---
NOTES FOR EDITORS

ABOUT CHEMWEB.COM
ChemWeb provides complete information resources for chemical research as
well as enabling communication between over 300,000 members of the
worldwide chemistry community. ChemWeb.com members can access over 250
full-text journals and 28 databases from a variety of publishers. A
number of databases offer structure-based searching and manipulation of
molecular structures. ChemWeb.com services include the Careers Centre in
association with sciencejobs.com, Conference Centre, and the online
magazine, the alchemist, as well as several specialist Forums based
around specific chemical fields. Details of other ChemWeb.com news can
be found at http://www.chemweb.com/press

ABOUT INNOCENTIVE
InnoCentive LLC is revolutionizing the business of scientific research
and development. With InnoCentive, leading science-based companies are
expanding their R&D capacity by posting scientific challenges that need
to be solved and connecting with talented scientists worldwide for the
most innovative solution. Scientists from around the world are already
tapping into this new incentive-based solution network to solve
challenging problems. InnoCentive is an e-business venture of Eli Lilly
and Company, a leading innovation-driven pharmaceutical company. To
learn more about how InnoCentive facilitates 'minds over matter', visit
the InnoCentive Web site at http://www.InnoCentive.com.

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