Skip to main content
Premium Trial:

Request an Annual Quote

Millennium Launches Subsidiary to Develop Drugs with Genomics


CAMBRIDGE, Mass.--Millennium Pharmaceuticals has launched a new subsidiary here, Millennium Predictive Medicine, that will use the company's genomics-based scientific and technology platform to develop genomics- and proteomics-derived products and services to diagnose, treat, predict, and prevent disease. The subsidiary, Millennium's second, will initially focus on two areas: pharmacogenomics and diagnomics.

"There is a compelling need for more efficient drug development and more effective patient management," claimed Kenneth Conway, the subsidiary's president. He explained that the new company "will use Millennium's genomics-based platform to develop a new generation of diagnostics to provide a better understanding of a patient's individual response to therapy, therefore providing custom-designed treatment." Conway came to Millennium from Chiron Diagnostics' Immuno Diagnostics unit, where he was senior vice-president and general manager.

The new subsidiary won't have its own bioinformatics capabilities, but will leverage off its parent's resources. "We have a massive and sophisticated bioinformatics effort in-house," noted a Millennium spokeswoman. Millennium Predictive Medicine currently has nine employees and expects to hire another 20-30 by the end of next year.

The subsidiary's pharmacogenomic efforts will include partnering with pharmaceutical companies to reduce the cost and time of clinical trials and accelerate the drug development process. Diagnomics efforts will include developing onocology, chemotherapy response prediction, cardiovascular disease, and central nervous system disorder products.

Filed under

The Scan

White-Tailed Deer Harbor SARS-CoV-2 Variants No Longer Infecting Humans, Study Finds

A new study in PNAS has found that white-tailed deer could act as a reservoir of SARS-CoV-2 variants no longer found among humans.

Study Points to Benefits of Local Consolidative Therapy, Targeted Treatments in Cancer Care

In JCO Precision Oncology, researchers report that local consolidative therapy combined with molecularly targeted treatments could improve survival for some lung cancer patients.

Genetic Variants That Lower LDL Cholesterol Linked to Reduced Heart Disease Risk

Rare variants in two genes that lower LDL cholesterol are also associated with a decreased risk of coronary heart disease, according to a new JAMA Cardiology study.

Study Links Evolution of Longevity, Social Organization in Mammals

With the help of comparative phylogenetics and transcriptomics, researchers in Nature Communications see ties between lifespan and social organization in mammals.