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Genomind Raises $6M in Funding Round

NEW YORK (GenomeWeb) – Mental health-focused genetic testing firm Genomind today said that it closed a $6 million funding round.

The latest investment bid was led by Claritas Capital, which led a $5 million financing round for Genomind in April 2014.

In a statement, Genomind said it plans to use the infusion of funds to grow the firm, conduct multisite randomized trials for the Genecept Assay pharmacogenetic service, and develop a new, expanded test offering. 

Genecept analyzes a panel of genes associated with mental health patients' ability to respond to drugs for depression, anxiety, ADHD, bipolar disorder, PTSD and schizophrenia. Researchers from Genomind last year published a cost-effectiveness study which found that using the Genecept Assay to guide treatment decisions made patients more adherent to medications, which increased pharmacy costs but lowered total medical outpatient services costs, compared to controls.

The Scan

Interfering With Invasive Mussels

The Chicago Tribune reports that researchers are studying whether RNA interference- or CRISPR-based approaches can combat invasive freshwater mussels.

Participation Analysis

A new study finds that women tend to participate less at scientific meetings but that some changes can lead to increased involvement, the Guardian reports.

Right Whales' Decline

A research study plans to use genetic analysis to gain insight into population decline among North American right whales, according to CBC.

Science Papers Tie Rare Mutations to Short Stature, Immunodeficiency; Present Single-Cell Transcriptomics Map

In Science this week: pair of mutations in one gene uncovered in brothers with short stature and immunodeficiency, and more.