Collexis Launches Innovative Reviewer Finder to Enhance the $30 Billion Health Research Grant Industry
November 24, 2008
Collexis’ Advanced Technology to Improve and Streamline Grant and Peer Reviewer Recruitment
COLUMBIA, SC – November 24, 2008 – Collexis Holdings Inc. (OTCBB: CLXS), a leading developer of semantic search and knowledge discovery software, announced today the formal launch of the Reviewer Finder product, an application which identifies the best reviewers based on their research profile. By using the proprietary Collexis Fingerprint technology, a submitted grant proposal or submitted scientific manuscript is analyzed and the resulting document Fingerprint is compared against more than 1.8 million expert Fingerprints – simultaneously checking for conflicts of interest based on co-authorship and organizational affiliation.
The Collexis Reviewer Finder helps grant funding organizations in two very important ways: first it assists in reducing the time to identify the most qualified reviewers from hours to virtually minutes, secondly it enhances security by identifying reviewers with potential conflicts of interest by instantly analyzing over 30 million relationships between the research community and peer review community. The Reviewer Finder tool is the latest enhancement to the suite of Collexis grant management applications. These services provide funding organizations with sophisticated portfolio analysis tools to assist in identifying gaps and trends and track the success of their funding by an institution, department or researcher.
“We are very pleased to offer this new application to the scientific community as it will greatly enhance the efficiency in the publishing of scientific articles, says Christian Herzog, MD, managing director STM. It helps funding organizations and peer reviewed journals to reduce the amount of time to identify the right reviewer but – equally important – to increase security that the chosen reviewer has no conflict of interest.”
Customers like the National Institutes of Health (NIH), the world’s largest funder of life-science research, and the Wellcome Trust, the largest independent medical research charity in the UK, utilize the Collexis solution to ensure the objectivity of their grant funding processes. The NHLBI as one of the largest NIH institutes has started to implement the Collexis Reviewer Finder to identify the best reviewers in a customized version.
About Collexis Holdings, Inc.
Collexis Holdings, Inc., a leading developer of semantic search and knowledge discovery software is headquartered in Columbia, South Carolina (USA) with major operations in Cincinnati, Ohio, Geldermalsen, the Netherlands and Cologne, Germany. Collexis now offers the world’s first pre-populated scientific social network for life science researchers, www.biomedexperts.com. Collexis’ proprietary technology builds conceptual profiles of text, called “Fingerprints”, from documents, Websites, emails and other digitized content and matches them with a comprehensive list of pre-defined “Fingerprinted” concepts to make research results more relevant and efficient. This matching of concepts eliminates the ambiguity and lack of priority associated with word searches. The results are often described as “finding needles in many haystacks.” Through this novel approach, Collexis can build unique applications to search, index and aggregate information as well as prioritize, trend and predict data based on sources in multiple industries without the limitations of language or dialect. Collexis’ current clients in the public, private and academic sectors include the Mayo Clinic; Johns Hopkins University; Dana-Farber Cancer Institute, the University of California, San Francisco; the University of South Carolina; Erasmus University Library; Bristol-Myers Squibb; Lockheed Martin; the World Health Organization; Wellcome Trust; the National Institutes of Health; and the U.S. Department of Defense. Shares of Collexis common stock are traded under the symbol CLXS on the OTC Bulletin Board (OTC BB). For more information, visit www.collexis.com.
Disclaimer: National Institutes of Health (NIH) is not considered a supporter or partner of Collexis.
Reference to NIH in the above shall not be construed as a Government endorsement nor does it obligate NIH to a position on or about the Collexis Software.
