Google Ventures, VCs backing tech focused on genomics

In its examination of the many potential challenges in genomics, Bloomberg made note of how venture capital is playing a role in advancing technologies that aim to tap the full potential of genomic data. Krishna Yeshwant, a partner at Google Ventures, told the news service that Google's ($GOOG) venture unit has placed a "significant" bet on startups in this field. Last year, the group backed Mountain View, CA-based DNAnexus, which provides software for analyzing genomic data, and Cambridge, MA-based Foundation Medicine, which is using DNA sequencing data to develop cancer diagnostics and other products. The article also mentions venture-backed GenomeQuest, a Westborough, MA-based provider of genomics software. Article

Suggested Articles

St. Jude, Microsoft and DNAnexus have created a data-sharing and analysis platform to help accelerate pediatric cancer research.

The new solution aims to streamline the incorporation of human genomic data into clinical trial designs.

TriNetX's platform uses EHR data to help drug developers with clinical trial protocol design and study site and participant identification.