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Weekly News Digest

August 26, 2002 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITI’s Twitter account: @ITINewsBreaks.

CLICK HERE to view more Weekly News Digest items.

Thomson Acquires Current Drugs, Ltd.

Thomson Corp. has announced that it has acquired privately held Current Drugs, Ltd. (, a U.K.-based provider of integrated competitor intelligence services. Current Drugs features databases, systems, and services such as the Investigational Drugs database (IDdb), a resource for scientists and business executives who are involved in drug research and development. Financial terms of the agreement were not disclosed.

Current Drugs' IDdb delivers content in a manner that enables integration with a client's own proprietary data and supports the researcher work flow by using a proprietary thesaurus. In addition to IDdb, Current Drugs provides products that focus on specific areas of scientific research, including the review journal Current Opinion in Drug Discovery and Development and patent-based competitor intelligence services for the bio-pharmaceutical sector.

Current Drugs will become a part of Thomson's Scientific & Healthcare operating group. It will continue to be run by its current business-management group, which is led by Ian Tarr.

Source: Thomson Corp.

Elsevier, FAST Update Scirus Search Engine

Elsevier Science ( has announced, in conjunction with Fast Search & Transfer (FAST;, a new release of Scirus, a science search engine. The new version offers more subject-specific content and features like expanded information types (including Company Homepages), dynamic teasers that highlight search terms within the results list, and improved relevance ranking. According to the announcement, the enhancements were made based on a study of scientists who use the service.

The index now contains over 107 million science-specific pages, with new full-text additions like NASA reports, CogPrints pre- and postprints, and preprints from the Chemistry and Mathematics Preprint Servers. Scirus now offers more than 17 million proprietary records that cannot be found using generic search engines. In addition, Scirus includes a continuously updated news feed—provided by the LexisNexis Web Publisher News Database—that delivers the latest science headlines.

Scirus was launched in April 2001 by Elsevier Science and is part of the ScienceDirect family of products. FAST search technology is used by IBM, InfoSpace, Reuters, and Terra Lycos.

Source: Elsevier Science

Economist Intelligence Unit Unveils Executive Briefing

The Economist Intelligence Unit has launched Executive Briefing, a new Internet service designed to provide global executives with the industry forecasts and analysis they need to make informed and timely business decisions. Executive Briefing offers senior corporate leaders a consistent, strategic view of industry trends in the world's 60 key markets. Building on the Economist Intelligence Unit's forecasting model, the service provides 5-year country-by-country forecasts for eight key industries, in line with its macroeconomic forecasts.

For over 50 years the Economist Intelligence Unit has provided country analysis and macroeconomic forecasting. Its experienced teams of country analysts are now forecasting key industry trends by country and applying the same econometric tools on which the company has built its forecasting reputation. Pricing for Executive Briefing depends on the number of users; for up to 10 users it's $10,325.

"Our methodology gives us a key competitive advantage," said Daniel Franklin, editorial director of the Economist Intelligence Unit. "Even industry insiders can't forecast sales or costs without a keen sense of global and country economic trends. In extending our model to industries, we meet a clear client need."

Source: Economist Intelligence Unit

Send correspondence concerning the Weekly News Digest to NewsBreaks Editor Brandi Scardilli
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