Venture capital firms are largely staying away from biotech, says Forbes' Bruce Booth. Reduced capital is a cyclical issue, and even with the problems in the biotech sector, bioentrepreneurs are still raising billions of dollars, he says. But what's really concerning is that the number of venture firms investing in biotech is shrinking and they're becoming less diverse.

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CNN reports that researchers have tied a new variant to opioid addiction risk.

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An initiative from GenomeAsia 100K hopes to increase the number of South Asians in genetic research, according to NBC News.

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