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View Full Version : 23andMe is a full-fledged biotech now



Amerijoe
07-19-2016, 12:01 PM
23ANDME IS USING GENETIC INFORMATION FROM ABOUT 1 MILLION PEOPLE, HARVESTED FROM THEIR SPIT, TO DEVELOP DRUGS. (23ANDME)
Spit from strangers could turn out to be pretty lucrative. Or so 23andMe hopes.

The Silicon Valley genetic-testing startup, led by CEO Anne Wojcicki, recently added a 16-person team to develop new antibody therapeutics, “prioritizing targets for diseases of significant unmet needs” involving cardiovascular ailments, cancer, and asthma, Erik Karrer, who heads the effort, told STAT West Coast editor Charles Piller.

Nearly 1 million customers have permitted their genetic profiles to be used for research, and Karrer's team is mining that data in search of links to diseases.

Seven antibody programs are in early development. The company plans to move strong candidates through phase 2 clinical trials, then partner with bigger companies for large-scale testing. And it's preparing for growth: 23andMe intends to expand its drug-discovery team to 25 this year and 50 next year, Karrer said.

Afshar
07-19-2016, 12:08 PM
If money is involved privacy is no problem.

tippy
07-19-2016, 12:20 PM
So if people allow their kits to be used for research - what's the problem?