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CHICAGO (GenomeWeb) – Startup firm LunaDNA, a blockchain-based genomic and medical research company, said late Monday that it has landed $2 million in seed funding.

Several former Illumina executives were among the group of individual investors, including ex-Illumina Chief Information Officer Scott Kahn, Illumina Cofounder David Walt, and Gavin Saitowitz, CEO and cofounder of Prelude Capital. San Diego-based Luna simultaneously announced that Kahn has been named CIO of the startup.

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Researchers have sequenced the genome of the depth-dwelling giant squid.

Prosecutors have charged a former Drexel University professor with theft for allegedly spending federal grant money on adult entertainment and other unrelated expenses, according to the Philadelphia Inquirer.

 

Chris Collins, a former US representative, has been sentenced to more than two years in prison in an insider trading case involving an Australian biotechnology firm, the New York Times reports.

In PNAS this week: Trypanosoma brucei transcripts, estimate of people at risk of inherited retinal disease, and more.