This site has a great deal of open challanges in almost all the areas of intrest. More importantly each of the challenge is accompanied with a reward, obvious driving force. So the crux is that innovation is not restricted to 4-walls any longer. Here is the open community, open science, open research and open solution, where any one can post their challanges and invite everyonelse to solve it...
http://www.innocentive.com/
Monday, February 22, 2010
Wednesday, February 3, 2010
Scientists Create New Way to Screen Libraries of 10 Million or More Compounds

Microarray screening alows to screen theoretically 64million compounds.
For original article: Chemistry & Biology, 2010; 17 (1): 38 DOI: 10.1016/j.chembiol.2009.12.015
New chiral sulphide for asymmetric epoxidations and aziridinations
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