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GenoLogics Raises $5M in Series A, Plans to Expand Bioinformatics Platform for Proteomics

NEW YORK, Feb. 3 (GenomeWeb News) - GenoLogics Life Sciences has raised $5 million in venture capital in a Series A funding round, the Victoria, Canada-based company said today.

 

GenoLogics plans to use the funding to expand its sales and marketing, product development, and corporate development. The company's first product is an open bioinformatics platform for proteomics research.

 

The financing was led by OVP Venture Partners of Seattle and Yaletown Venture Partners of Vancouver. Working Opportunity Fund, managed by Growth Works Capital of Vancouver, also participated in the round.

The Scan

Purnell Choppin Dies

Purnell Choppin, a virologist who led the Howard Hughes Medical Institute, has died at 91, according to the Washington Post.

Effectiveness May Decline, Data From Israel Suggests

The New York Times reports that new Israeli data suggests a decline in Pfizer-BioNTech SARS-CoV-2 vaccine effectiveness against Delta variant infection, though protection against severe disease remains high.

To See Future Risk

Slate looks into the use of polygenic risk scores in embryo screening.

PLOS Papers on Methicillin-Resistant Staphylococcus, Bone Marrow Smear Sequencing, More

In PLOS this week: genomic analysis of methicillin-resistant Staphylococcus pseudintermedius, archived bone marrow sequencing, and more.