Plucking the Low-Hanging Fruit: In Pursuit of Genomics-Derived Diagnostics | GenomeWeb

Like many biotech entrepreneurs in the late 1990s, Randy Scott, then at Incyte Genomics, and George Poste of SmithKline Beecham believed that sequencing the human genome held great promise for developing new medicines. But a faster route to translating genomic data into profits, they thought, would be to focus initially on finding biomarkers predictive of disease. So they founded DiaDexus in September 1997, and with $25 million in start-up funds from Incyte and SB, Scott and Poste set out to prove it.

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