AssureRx

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Personalized medicine test maker AssureRx raises $12.5M series C round

Personalized medicine test maker AssureRx Health has raised a $12.5 million series C round of investment that it’ll use to help commercialize its tests that help doctors pick the right drugs based on a patient’s genes. The latest funding for the Cincinnati-area company is further evidence of how lucrative field investors believe personalized medicine can […]

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Personalized medicine test maker secures $8M line of credit

Behavioral health personalized medicine company AssureRx Health has secured an $8 million line of credit as it looks to boost adoption of its genetic screening test for psychiatric drugs. Along with an $11 million series B round of funding that the company obtained last year, the line of credit will help fund the development of […]

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Personalized medicine firm updates its psychiatric drugs screening test

Personalized medicine company AssureRx Health has released the next-generation version of its genetic screening test for psychiatric drugs. The Cincinnati-area company’s GeneSightRx test, which helps doctors pick the right psychiatric drugs for patients based on their genes, was launched in 2009. The test uses a cheek swab, mathematical algorithms and bioinformatics to narrow drug choices […]

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Personalized medicine firm AssureRx closes $11M Series B investment

Personalized medicine test maker AssureRx Health has closed an $11 million Series B round of funding. The Cincinnati-area company will use the funding to expand sales and marketing for its GeneSightRx test, which helps doctors pick the right psychiatric drugs for patients based on their genes. The company launched the test in 2009. AssureRx will […]

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AssureRx reports $1.6M raised last year for pharmacogenetic test

Updated 12:13 p.m., July 9, 2010. AssureRx Health Inc., the pharmacogenetic test maker in Mason, Ohio, has closed the books on a $1.6 million round of largely angel investment completed last year. AssureRx is pioneering a diagnostics market within the emerging practice of personalized medicine. The Cincinnati-area, company has developed a genetic testing system that […]

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Personalized medicine comes of age in AssureRx Health test

“The age of personalized medicine is upon us,” said Jim Burns, chief executive of AssureRx Health Inc., the Cincinnati-area, company that has developed a genetic testing system to help doctors pick the right psychiatric drugs for patients. And in no other field is the need for personalized medicine so great. One in four of us […]

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AssureRx promotes technology, operations chief

Personalized drug company AssureRx Health Inc. has promoted Donald Wright Jr. to senior vice president of operations and technology. Wright’s responsibilities will include managing the company’s Web-based software product development and overseeing information technology and molecular genetics laboratory operations, according to a statement from AssureRx. Wright has 20 years of experience in operations and product […]

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AssureRx adds gene to test for psychiatric drug impact

Personalized drug company AssureRx Health Inc. has added a fifth gene to a genetic test and analysis that determines how psychiatric medicines could impact individual patients. AssureRx added gene CYP1A2 to its pharmacogenetic test, called GeneSightRx, which measures and analyzes more than 40 clinically important genetic variants that affect patients’ response to medications prescribed in […]

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Queen City Angels defy bad economy, invest in 8 health care companies

Queen City Angels invested in seven life sciences companies and one health information technology company last year, according to its 2009 annual operating report (pdf). The group of accredited investors finished the year with 12 investments, which included three IT companies and one company specializing in advanced materials. In addition, the angel group created a […]