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Galileo Genomics Gets $CA7 Million Loan from Investissement Quebec

NEW YORK, Jan. 19 (GenomeWeb News) - Galileo Genomics has received a loan of $CA7 million ($5.39 million) from Investissement Quebec, the company said today.


Galileo, based in Montreal, plans to use the additional funding for its research. Applying its chromozoom technology, the company is trying to find groups of genes associated with more than 20 common diseases by examining DNA samples from the Quebec Founder Population.


Earlier this month, Galileo raised $CA11.15 million ($8.58 million) in equity financing.


The Scan

Enzyme Involved in Lipid Metabolism Linked to Mutational Signatures

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Family Genetic Risk Score Linked to Diagnostic Trajectory in Psychiatric Disorders

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Study Questions Existence of Fetal Microbiome

A study appearing in Nature this week suggests that the reported fetal microbiome might be the result of sample contamination.

Fruit Fly Study Explores Gut Microbiome Effects on Circadian Rhythm

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