Will Dracup borrowed £50,000 from “friends, family and fools” to found Nonlinear Dynamics in 1989. The company focuses on bioinformatics which is the application of computing to biology. Its software portfolio comprises data mining and analysis tools for the study of genes and proteins. Sales, mostly to pharmaceutical companies, have increased 70% a year from an annualised £1.3m in 2000 to £3.9m in 2002. Dracup’s investors have proved to be no fools: the Newcastle company reported a profit last year.
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