By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – The Wellcome Trust announced yesterday that its board has approved the creation of a new business to invest in emerging technologies in the healthcare and life sciences sector.

The new business, called Project Sigma for now, will have an initial investment of £200 million ($317 million), drawn from Wellcome Trust's endowment. A name and brand identity will be announced shortly, Wellcome Trust said.

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The Seattle Times writes that pharmacogenomics testing can help choose medications that may work best for people with depression.

Researchers report that deleting one gene from butterflies affects their wing coloration patterns, according to the Washington Post.

In PNAS this week: genome sequencing of weevil symbionts, retinoid X receptor deletion in lung cancer metastasis, and more.

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