With the CE marking in hand, the Swiss bioinformatics startup has launched GenomSys Variant Analyzer, which follows the MPEG-G genomic data compression standard.
The multiyear collaboration agreement brings together two of the corporate champions of the MPEG-G genomic data representation and compression standard.
The Swiss bioinformatics startup said that the MPEG-G compression standard can shrink whole-genome files to less than 25 percent the size of legacy formats.
Working with MPEG-G booster GenomSys, SysMeta IT will integrate the new data compression specification into its Tangerine Medical platform to support clinicians.
Accredited by the same group behind MP3 audio, the new genomics standard promises more efficient data handling, but fans of GA4GH file formats are pushing back.
The Swiss startup plans to use the funding to support the development of genomic analysis software based on the new MPEG-G compression standard.