personalized medicine

23andMe lands $300 million investment from GlaxoSmithKline

23andMe kits at a Beverly Hills event in 2017. Credit: Matt Winkelmeyer, Getty Images

By Bernie Monegain July 25, 2018
23andMe on Wednesday announced that GlaxoSmithKline has invested $300 million to gain exclusive access to the genetic testing startup’s DNA database.  The deal comes as GlaxoSmithKline amid reports that GSK is weighing the possibility of a company breakup and investors contending that synergies between consumer markets and big pharma are inherently limited and that GSK’s pharmaceuticals business...
By Dave Muoio December 12, 2017
As digital health, big data, and personalized medicine continue to stake their claim within healthcare, professional associations are starting to take notice. The latest is the American College of Cardiology (ACC), which recently published a policy paper highlighting its outlook on the future of care and technology’s role within it. “Important within [healthcare’s] transformation are newly...
By Jonah Comstock August 7, 2017
Veritas Genetics,a leader in whole-genome sequencing, has acquired computing and bio-informatics firm Curoverse for an undisclosed amount. Curoverse provides infrastructure for life sciences companies to manage large datasets, including an open source platform called Arvados. The acquisition isn't totally unexpected, since the two companies have a strong existing relationship. Not only were both...
By Jonah Comstock June 30, 2015
Dr. Patrick Soon-Shiong EHR vendor Allscripts and NantHealth, the digital health wing of Dr. Patrick Soon-Shiong's NantWorks portfolio of companies, have announced a major cross investment, with Allscripts paying $200 million for a stake in NantHealth and Soon Shiong making a $100 million investment in Allscripts via his personal investment vehicle NantCapital. "We're taking an important step...
By Jonah Comstock September 25, 2014
Kaiser Permanente CEO Bernard Tyson believes three major trends are driving changes in the healthcare system, he said during his keynote on the final day of the Health 2.0 event in Santa Clara, California. Those include a shift to holistic, lifelong care; the rise of the patient as active healthcare consumer; and the decentralization of healthcare. "Eventually, as we disrupt the healthcare system...
By Brian Dolan May 30, 2014
What patient generated data used to be and why it is increasingly important Dr. Steven Steinhubl Up until very recently most people have had only one source for the information they could share with their doctors during a visit: How they felt. Observable symptoms, self-reported healthy and unhealthy behaviors, medical conditions or issues that other physicians had diagnosed them with...
By Jonah Comstock December 9, 2013
A survey from Intel suggests that 57 percent of people worldwide believe hospitals will be obsolete at some point in the future. The survey of 12,000 people from eight countries, conducted in August, asked adults 18 and older a variety of questions about the personalization of healthcare, home health management, and sharing of health data. In general, acceptance of personal monitoring in...
By Jonah Comstock March 19, 2013
UC Irvine researcher Gene Tsudik (Photo by Steve Zylius) A team led by University of California-Irvine researchers has developed what's been called an Android-based smartphone paternity test. The app would allow two people, if they had access to their digitized genomes, to run a paternity test comparing their genomes, determine how closely related they are, and even scan their genome for...
By Brian Dolan March 30, 2010
The first presentation at Babyforyou.net.ua Presents: Everywhere Healthcare event last week was a spirited talk given by Mohr Davidow Venture General Partner Michael Goldberg. Goldberg led MDV's investment in wireless health company Corventis and is actively seeking out other wireless health startups with a clinical focus. (Re-read our interview with Goldberg from last year for more on his team's...
By Brian Dolan December 9, 2009
Personalized Medicine a $232B market? Mobile phones and wireless technology are clear enablers of the growing "personalized medicine" industry -- which is set to grow 11 percent annually according to PricewaterhouseCoopers. The market is set to grow to $232 billion, according to the firm. More iPhone medical apps list: CNN's London unit put together a round-up of medical applications it found...
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