“This ‘telephone’ has too many shortcomings to be seriously considered as ameans of communication. The device is inherently of no value to us.” - This was an internal memo written by WesternUnion in 1876. That’sright. Without efficient knowledge sharing and technology transfer,even the best scientific development may prove to be adamp squib for along time. The Basel Life Science Week was created in order topromotescientificandeconomicexchangeandpavetheway for innovative ideas. That’swhy NTN Swiss Biotech has moved its traditional ‘Olten Meeting’ to the Basel Life Science Week. It is the ideal setting for NTN Swiss Biotech and the School of Life Sciences FHNW to present innovative developments within its network of academic and industrial partners in the futureoriented disciplines of Molecular Diagnostics and Medicinal Chemistry.Short summaries of the key lectures arereported below.