Get Four
Free Issues

Subscribe to BW
Customer Service


Full Table of Contents
Cover Story
Special Report
Up Front
The Great Innovators
Editor's Memo
Readers Report
Corrections & Clarifications
Books
Technology & You
Economic Viewpoint



Business Outlook
News: Analysis & Commentary
In Biz This Week
Washington Outlook
Asian Business
European Business
Latin America
International Outlook
The Corporation
Science & Technology
Working Life
Entertainment
Sports Biz
Management
People
Marketing
Information Technology
Media
Finance
Personal Business
Footnotes
The Barker Portfolio
Inside Wall Street
Figures Of The Week
Editorials


INTERNATIONAL EDITIONS
International -- Readers Report
International -- Finance
International -- Editorials
International -- Int'l Figures Of The Week




DECEMBER 13, 2004
THE GREAT INNOVATORS

Craig Venter: DNA's Mapmaker
The scientist's maverick approach opened the floodgates of genomic information

As part of its anniversary celebration, BusinessWeek is presenting a series of weekly profiles of the greatest innovators of the past 75 years. Some made their mark in science or technology; others in management, finance, marketing, or government. For profiles of all the innovators we've published so far, and more, go to www.businessweek.com/innovators/


Dr. J. Craig VenterWho could ever have imagined that a surfer working as a night clerk at Sears, Roebuck & Co. (S ) would eventually become the driving force behind the race to read the genetic code of humanity? That's the unlikely story of J. Craig Venter, a brash biologist who engineered a major leap in scientific knowledge -- and earned millions -- by masterminding efforts to probe the DNA of everything from microbes to man.

Venter might not have broken his surfing habit were it not for the Vietnam War, he says. Faced with the draft, he enlisted in the U.S. Navy and ended up as a medical corpsman patching wounds in a hospital in Da Nang. "I got a lifetime of education packed into one year," he recalls.

He came back to the U.S. energized and ambitious, zipping through college and a PhD in six years and landing at the National Institutes of Health in 1984. At the time, scientists were spending years finding individual genes. But Venter had a better idea. He quickly fished out the copies of many genes that cells make and use in the production of proteins. Then he employed a new sequencing machine to analyze the code in these genes rapidly.

Soon Venter had sequenced parts of hundreds of genes -- and became the center of a firestorm when the NIH filed patents on them. "Outrageous," fumed Nobel Laureate James Watson, co-discoverer of DNA's structure. He charged that Venter's semi-automated operation "could be run by monkeys." Venter was unrepentant. "I had three strikes against me," he recalls. "I had a radical idea, it worked, and I was an outsider."

Venter then became even more of a maverick. He snared venture capital bucks to set up his own nonprofit research institute, linked to a company called Human Genome Science (HGSI ) that would get first crack at the genes he found. There he pioneered a technique dubbed "whole genome shotgun sequencing" to read all the DNA in an organism quickly, not just the 2% in the genes themselves. The NIH rejected Venter's grant application, but he went ahead anyway and in 1995 completed the first full sequence of a living organism, a microbe.

Next, Venter took aim at the biggest quarry of all, the human genome. In 1998 he teamed with toolmaker PE Corp. to set up a company named Celera Genomics (CRA ). In just three years, he proclaimed, Celera would use the shotgun approach and scores of sequencing machines to decipher humanity's entire genetic code.

It was a direct challenge to the government's well-funded Human Genome Project, which immediately stepped up its pace. Despite a face-saving joint announcement at the White House on June 26, 2000, indicating that both teams had completed a draft of the genome, Venter actually beat the taxpayer-funded project soundly. Not surprisingly, one batch of the DNA Celera sequenced came from Venter.

Like other genomics companies, Celera fell into disfavor on Wall Street when it became clear that finding genes doesn't lead directly to drugs. In early 2002, Venter was fired -- though he had already plotted his exit. Now 58, he is full of ideas, such as fashioning man-made microbes to produce hydrogen or suck carbon dioxide out of the air to combat global warming. He may have ruffled too many feathers to get the Nobel prize many scientists think he deserves. But Venter, more than any other individual, is responsible for the flood of genomic information that is expected to transform medicine and our lives.



By John Carey
 BW MALL   SPONSORED LINKS
Buy a link now!

Get BusinessWeek directly on your desktop with our RSS feeds.XML

Add BusinessWeek news to your Web site with our headline feed.

Click to buy an e-print or reprint of a BusinessWeek or BusinessWeek Online story or video.

To subscribe online to BusinessWeek magazine, please click here.

Learn more, go to the BusinessWeekOnline home page

Back to Top



TODAY'S MOST POPULAR STORIES

  1. This Year's Holiday Hit Toy: Zhu Zhu Pets
  2. These Men Could Kill SarbOx
  3. Picks of the Week: Intel, RIM, Wells Fargo
  4. America's Best Place to Raise Your Kids
  5. Abercrombie & Fitch Bargains for a Rebound

Get Free RSS Feed >>
  MARKET INFO

Portfolio Service Update

Stock Lookup

Enter name or ticker



Media Kit | Special Sections | MarketPlace | Knowledge Centers
McGraw-Hill Cos.