NIH funding

The University of Michigan spinout will use the funds to develop its InheRET platform, increase integration with EHRs, as well as increase its workforce and userbase. 

Some of the firms will receive money to speed up test development, while others will use the funds to expand their testing and manufacturing capacity.

The grant, which was awarded under the NIH Pathway to Independence program, will fund research into the genetics of Alzheimer's disease.

The appropriations committee recommended that the NIH receive a total of $46.96 billion in NIH funding for FY 2021, a nearly 13 percent increase over its current budget.

Ten sites across the US will seek to integrate genomic risk assessment into clinical care, with a focus on diverse populations.

In December the firm won $4 million from CARB-X to support the platform's first test identifying the most common bloodstream infections associated with sepsis.