June 21, 2019
About the Authors: Joshua Barrett is a member of the 2019 Flare Capital Partners Scholar program and a third-year medical student at Georgetown University School of Medicine, who completed his MBA at the Columbia Business School. He plans to pursue a career in healthcare technology or life sciences investing.
Dr. Dan Gebremedhin (@dangebremedhin) is a partner at Flare Capital Partners, a...
June 18, 2019
This week, Sens. Amy Klobuchar (D-Minn.) and Lisa Murkowski (R-Alaska) introduced legislation to strengthen privacy and security protections for consumers’ personal health data, specifically the data involved in DNA testing kits and health tracking apps.
The Protecting Personal Health Data Act would require HHS to create standards to protect the sensitivity of genetic data,...
June 13, 2019
Genome Medical — a company that offers patient-facing virtual visits and provider-facing consultations with genetic experts — has raised $23 million in Series B funding. The round brings Genome Medical to $46 million in total funding.
The round was led by Echo Health Ventures, with participation from LRVHealth, Casdin Capital, Perceptive Advisors, Manatt Venture Fund and Dreamers Fund, as well as...
May 20, 2019
MyHeritage, an Israeli company that has been doing ancestry-related genetic testing since 2016, has announced a new product that brings the company into the health-focused consumer DNA testing space alongside the likes of 23andMe.
MyHeritage DNA Health+Ancestry is a single test that includes a wide-range of genetic aptitudes for possible health conditions: specifically, the company will offer 11...
February 19, 2019
Emedgene, a startup that employs artificial intelligence to interpret genetic data, has closed a $6 million round led by OliveTree Ventures.
What they do
Trained using data from patient cases, publications and genomics databases, Emedgene’s decision support engine can identify and highlight clinically relevant genetic variants for the provider. The platform is supported by a digital workbench...
October 31, 2018
Yesterday afternoon the FDA announced that it would permit 23andMe to market its Personal Genome Service Pharmacogenetic Reports test. The test offers consumers information on whether they posses one of 33 variants across multiple genes that could impact their body’s ability to metabolize certain medications.
The purpose of this test is to inform patients and encourage them to more thoroughly...
May 31, 2018
Researchers at the University of Pennsylvania School of Medicine have found that telemedicine services could lead to an increase in genetic counseling in community care centers, according to an abstract that will be presented tomorrow at the American Society of Clinical Oncology's annual meeting.
Seventy-seven percent of participants in the study's remote group, who were offered genetic...
November 28, 2017
Senator Chuck Schumer (D-New York) is warning consumers to think before they buy mail-order DNA testing services this holiday season.
Schumer cautions that these test kits put consumer privacy at risk because DNA firms could potentially sell personal and genetic information. Now Schumer is calling on the Federal Trade Commission to investigate and ensure that the privacy policies are clear,...
October 27, 2016
Personal genomics startup Helix, which is developing a digital hub for all things related to DNA testing ranging from direct-to-consumer to doctor-ordered, has announced several partnerships: the Icahn School of Medicine at Mount Sinai, National Geographic and ExploraGen will collaborate to deploy Helix’s genetic-testing service, which is powered by DNA sequencing giant Illumina. Additionally,...
September 26, 2016
Seattle-based Arivale, which offers a testing kit and companion app to create tailored wellness plans, is now available in California.
Billed as the “scientific path to wellness,” Arivale offers people a package that includes a Fitbit, collection containers for saliva, urine, cheek swabs, and a prescribed order of blood tests to do on their own time, plus a companion app. Users download the app...