The rise of pharmacogenomics has spurred Bioserve to change its business model. For years, the company specialized in analyzing genetic material for researchers. The company spent $2 million to acquire 600,000 samples of human DNA, which scientists use to discover the genetic causes of disease. And according to the Washington Post, Bioserve is offering discounts when it gets involved in the research. Now new tests for infectious diseases are being developed in India and a new deal was struck that gives researchers a tool to trace ancestral patterns in patients. The restructuring has boosted revenue 150 percent.
- check out the profile in the Washington Post
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