23andMe
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23andMe to buy online pharmacy Lemonaid for $400M
The company plans to pair its direct-to-consumer genetic testing with Lemonaid’s online coaching and prescription delivery. It plans to buy the company for $400 million in stock and cash.
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Startups, Startups, Diagnostics
23andMe closes out 2020 with $82.5M in funding
DNA testing company 23andMe raised $82.5 million in funding, according to a recent filing. Earlier this year, decreased sales of tests kits led to cuts at the company and its competitors.
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Trayt Health Seeks to Increase Access to Diagnoses and Treatments
CEO Malekeh Amini explains how Trayt Health can bridge the gap for patients seeking neurological care.
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Faced with slowing demand, 23andMe cuts 100 employees
The DNA testing company confirmed on Thursday that it would lay off about 100 employees. The restructuring was a result of slowing consumer demand.
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Startups, BioPharma, Health Tech, Patient Engagement
LunaPBC is trading company shares for member health data
On the company’s LunaDNA platform, a whole genome can be exchanged for 300 company shares, while 20 days of fitness data is equal to two shares.
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Direct-to-consumer lab testing startup EverlyWell raises $50 million
CEO and founder Julia Cheek started EverlyWell after her own experiences trying to diagnose her own health issues highlighted problems of cost and convenience in the traditional lab testing process.
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Helix and PerkinElmer launch GenePrism genetic risk product in competition with 23andMe
Helix is responsible for sequencing the user’s DNA and passing results to PerkinElmer, which will provide data analysis and interpretative services using the company’s team of medical geneticists.
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23andMe launches new diabetes risk test, but experts are wary of its benefit
In contrast to 23andMe’s previous FDA approvals for genetic risk tests for conditions like Alzheimer’s, the diabetes assessment did not go through the FDA clearance pathway because it was characterized as a wellness product not intended to make diagnoses and provide medical advice.
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Startups, BioPharma, Patient Engagement
23andMe gets FDA nod for new Colorectal cancer indication test
The company used its previous authorization for breast cancer genetic screening as a predicate for its 510(k) approval.
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FDA approves 23andMe pharmacogenetics test for 33 drug metabolism-related genetic variants
The test, which the company will sell directly to consumers, is designed to find whether patients metabolize drugs quickly or slowly.
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Improving Communication Between Patients and Providers
Sarah Shillington, Chief Customer Officer notes how Artera’s omnichannel platform works.
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An App Store for genomics
Helix, based near San Francisco, touts its API-based business model as a way to stand out among the plethora of personal genomics companies.
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Rock Health: Digital health investing has already surpassed record-breaking 2017
In 2018 alone, ten companies have inked mega-deals of more than $100 million including Livongo, 23andMe and American Well.
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FDA gives nod to 23andMe for no-prescription breast cancer gene testing
The Food and Drug Administration has granted 23andMe the first-ever authorization for direct-to-consumer genetic testing for cancer risk without a prescription.
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A 23andMe study of genomics and weight loss seeks pathway to personalized plans to peel pounds
23andMe’s weight loss study reflects the company’s push to refine genomic tests by identifying genetic determinants of various diseases and chronic conditions. The study also dovetails with other companies that want to take on the country’s weight management challenge with genetic testing.
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BioPharma, Diagnostics, Pharma, Startups
23andMe hears the call of therapeutics
Through its popular consumer portal, the Silicon Valley company has recruited thousands of study participants to identify genetic determinants of depression, heart disease, cancer, immunological disorders and skin diseases.