Answers from the Sea

IIPM BEST B-SCHOOL

In the lobby of PharmaMar, a biotechnology company on the outskirts of Madrid, neon fish dart through a coral-filled aquarium. On the walls hang dramatic photos of underwater creatures. These visuals highlight a relatively unexplored terrain in biomedical research: the sea. PharmaMar’s research offers a tantalizing glimpse at this new frontier in medicine.

“Most of the drugs that have been a success in cancer treatment have come from a natural source, but a terrestrial source,” says Carmen Cuevas, director of resea rch and development for PharmaMar. “Why not use the sea as a source, if life started in the sea?”

This idea is exactly what spurred the creation of PharmaMar, one of Spain’s oldest biotechnology companies, in 1986. Founder José María Fernández - Sousa, then a university professor involved in research and development at a local company focusing on microbiology and antibiotics, met a University of Illinois chemist who was examining mar ine products. Fernández –Sousa thought the sea could be a potentially perfect source of novel compounds, par t icularly t hose with ant itumor properties.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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