NEW YORK, Sept. 2 (GenomeWeb News) – Telecommunications firm Direct Wireless today signed its second genomics acquisition in as many weeks via a binding letter of agreement to acquire San Francisco-based Fractal Genomics.
Last week, Direct Wireless first threw its hat in the genomics ring by announcing its plans to acquire genomics consultancy The Barnhill Group .
Fractal Genomics was founded by Sandy Shaw, a former bioinformatics specialist at the University of California, San Francisco. The company holds patents on software to model patterns of similarity in large clinical databases.
So far, Fractal Genomics has used its software to analyze databases from MD Anderson Cancer Center, St. Jude Children's Hospital, and the Alvin J. Siteman Cancer Center at Washington University.