Genewiz

The companies plan to combine Nashville's BioVU biobank of 250,000 DNA samples and 2.8 million patient records with GeneWiz's sequencing services.

GeneWiz offers a range of genomic services, including Sanger sequencing, gene synthesis, cloning and mutagenesis, and next-generation sequencing.

GeneWiz will implement multiple Dragen processors to reduce turnaround times for its genomic data analysis services business.

The Beckman Coulter unit provides genomic sequencing solutions to healthcare businesses, governments, and academia around the world.

The partners will develop panels to stratify patients with obesity and diabetes into surgical and alternate intervention groups in an upcoming clinical trial.

The New Jersey-based molecular diagnostics firm said it is planning to use the capital to "expand operations aggressively" and accelerate product development efforts.