GSK announces $1 million innovation prize for bioelectronics research

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Issued: Wednesday 18 December 2013, London, UK & North Carolina, US

-       Prize will go to scientists who can solve the challenge of creating an implantable device that can read and write the body’s electrical language

-       GSK Bioelectronics R&D unit also launches first wave of 15 exploratory research projects agreed with academics around the world

GSK is announcing today a $1 million dollar prize for innovation in the emerging area of bioelectronics research. The prize will be awarded to the scientists who are first able to solve the challenge of creating a miniaturised, fully implantable device that can read, write and block the body’s electrical signals to treat disease. It is hoped that finding a solution to this challenge will open and accelerate significant avenues of research in this field.

The scientific challenge was developed and agreed by a group of approximately 150 leading scientists from around the world, brought together by GSK’S Bioelectronics R&D unit at a summit this week in New York. Collectively, summit attendees agreed that if they create an implantable wireless device that can record, stimulate and block neural signals to a single organ, it will be a critical factor enabling the onward development of bioelectronic medicines as a future therapeutic reality.

GSK’s Bioelectronics R&D unit is pursuing a relatively new scientific field that could one day result in a new class of medicines that would not be pills or injections but miniaturised, implantable devices. GSK believes that these devices could be programmed to read and correct the electrical signals that pass along the nerves of the body, including irregular or altered impulses that can occur in association with a broad range of diseases.  The hope is that through these devices, disorders as diverse as inflammatory bowel disease, arthritis, asthma, hypertension and diabetes could be treated.

This week’s Bioelectronic Medicines Summit is one of a range of initiatives established by GSK in 2013 to stimulate research, recognizing that bioelectronics development will require the combined skills of world-leading engineers, biologists, neuroscientists and informatics experts.

A committee comprised of independent academic and GSK scientists will now agree the parameters by which the challenge will be met so that the award can be triggered. Those parameters will be published / posted online on 1 February on www.gsk.com/bioelectronics.

First wave of exploratory bioelectronics research collaborations signed
Earlier this year, GSK announced it was offering exploratory research project funding to academic groups working in the field of bioelectronics. Fifteen such projects have now been agreed with academics with six collaborations already signed in the US, The Netherlands and Portugal. The institutions signing contracts with GSK Bioelectronics R&D are:

Feinstein Institute, US:  Rheumatoid arthritis and inflammation sensing (two projects)

University of Pennsylvania, US:  Detection of disease signatures in neural signalling patterns

Duke University, US:  Overactive bladder

Academic Medical Center, Amsterdam, The Netherlands: Inflammatory bowel disease

NOVA Medical School, NOVA University, Lisbon, Portugal: Type 2 diabetes

This programme intends to further expand in 2014.

Note to editors:  A video that provides a description of bioelectronic medicines, including an animation that illustrates how they might work is available here:  http://www.youtube.com/watch?v=jO_lNh-SCis

GSK – one of the world’s leading research-based pharmaceutical and healthcare companies – is committed to improving the quality of human life by enabling people to do more, feel better and live longer.  For further information please visit www.gsk.com.

GSK enquiries:

 

 

 

UK Media enquiries:

David Mawdsley

+44 (0) 20 8047 5502

(London)

 

Simon Steel

+44 (0) 20 8047 5502

(London)

 

David Daley

+44 (0) 20 8047 5502

(London)

 

Catherine Hartley

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(London)

 

 

 

 

US Media enquiries:

Melinda Stubbee

+1 919 483 2510

(North Carolina)

 

Stephen Rea

+1 215 751 4394

(Philadelphia)

 

Mary Anne Rhyne

+1 919 483 0492

(North Carolina)

 

Emily Beamer

+1 215 751 6622

(Philadelphia)

 

Jennifer Armstrong

+1 215 751 5664

(Philadelphia)

 

 

 

 

Analyst/Investor enquiries:

Sally Jackson

+44 (0) 20 8047 5543

(London)

 

Kirsty Collins (SRI & CG)

+44 (0) 20 8047 5534

(London)

 

Tom Curry

+ 1 215 751 5419

(Philadelphia)

 

Gary Davies

+44 (0) 20 8047 5503

(London)

 

James Dodwell

+44 (0) 20 8047 2406

(London)

 

Jeff McLaughlin

+1 215 751 7002

(Philadelphia)

 

Ziba Shamsi

+44 (0) 20 8047 3289

(London)

 

Lucy Singah

+44 (0) 20 8047 2248

(London)

 

Cautionary statement regarding forward-looking statements

GSK cautions investors that any forward-looking statements or projections made by GSK, including those made in this announcement, are subject to risks and uncertainties that may cause actual results to differ materially from those projected. Factors that may affect GSK' s operations are described under Item 3.D 'Risk factors' in the company's Annual Report on Form 20-F for 2012.

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