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On the research page there are reports of what they have been working on and descriptions of the research which has been or is shortly to be submitted for peer review. "The difficulty of interconverting the functions of structurally similar enzymes" is one of the areas in which I will be interested.
The sad part of the story is why such an institute is needed at all. The work that Douglas Axe has done and the systems that he has set up should be supported in the usual way without the need to set up a separately funded institute.
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