DNA Tester Sells Rights To Customers’ DNA

“This is a seminal moment for 23andMe”

Jan 10, 2020 |

For the first time, DNA testing company 23andMe has sold the rights to a new drug that it has developed using its customers’ data.

The deal, which is being investigated as a potential treatment for inflammatory diseases, is with Spanish pharmaceutical company Almirall.

“This is a seminal moment for 23andMe,” Emily Drabant Conley, 23AndMe’s vice-president of business development told Bloomberg. “We’ve now gone from database to discovery to developing a drug.”

The drug is likely to be the first of many the company licenses, says Tim Frayling, a molecular geneticist at the University of Exeter, UK. As 23andMe’s genetic database grows – it has doubled in the last couple of years – it will become more likely to yield medically useful information, he says.

...article continued below
- Advertisement -

23andMe has sold in excess of 10 million DNA testing kits.

More than 80 percent of their customers have agreed to their data being used by the company for research and by scientists trying to understand the causes of diseases and how best to treat them.

23andMe has already formed partnerships with several academic groups. In 2018, the company entered into a four-year collaboration with pharmaceutical company GlaxoSmithKline.

Read more.

MORE OF TODAY’S TOP HEALTH NEWS: Bill Cosby, Hunter Biden Have THIS In Common | Vaccine Airdrop | Union Backs  Outdated Food Regs

- Advertisement -
- Advertisement -
- Advertisement -


- Advertisement -
- Advertisement -