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The deal centers around Metabolon's platform for identifying pharmacodynamic, efficacy, and response biomarkers and tracking changes in biological pathways.
The firm said it would use the funding to grow its client base and further R&D programs using machine learning for biomarker discovery and precision medicine.
Metabolon's Precision Metabolomics platform identifies pharmacodynamic, efficacy, and response biomarkers and tracks changes in biological pathways.
The company will provide the services for the VA's Million Veteran Program, which is studying the link between genes and disease in US veteran volunteers.
A GWAS of blood metabolite patterns in identical and non-identical twins led to common, low-frequency, and rare variants influencing metabolite levels
Dian will install Metabolon's Discovery HD4 metabolomics platform in its Hangzhou laboratory, and will commercialize Metabolon's products throughout China.
The deal joins Metabolon's metabolomics expertise with InnVentis' big data and machine learning platform.
The new investment from healthcare equity firm Essex Woodlands follows a $15 million round the company closed with the same investor this summer.
The consortium is made up of Genome Profiling, Rob Knight's UCSD lab, KromaTid, Metabolon, and Orig3n, and is sponsored by a new company called Interome.
The company said it will use the proceeds to develop and commercialize its pipeline of metabolomics-based products.
According to BBC News, the global vaccine-sharing initiative has sent its first shipment, which arrived in Ghana this week.
CNN reports that a US Food and Drug Administration document says Johnson & Johnson's SARS-CoV-2 vaccine meets the requirements to receive an Emergency Use Authorization.
Researchers in France are developing a new, fast test for SARS-CoV-2 that initial testing indicates may be highly accurate, the Guardian says.
In Cell this week: analysis of fitness patterns among SARS-CoV-2 isolates, single-cell transcriptome analysis of immune features in COVID-19, and more.