Gene-IT plans to use $4.1 million in first-round financing to launch several new applications within three to six months for its flagship GenomeQuest sequence search product, company officials told BioInform last week.

Ronald Ranauro, CEO of Gene-IT, said that the company plans to use the funds from the Series A round — led by Cross Atlantic Partners and Milestone Venture Partners with reinvestment from Société Générale Asset Management Alternative Investments — to build out its product platform and its sales and marketing force.

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While gene therapies may have high price tags, they could be cheaper than the cost of managing disease, according to MIT's Technology Review.

Researchers are looking for markers that indicate which cancer patients may respond to immunotherapies, the Associated Press writes.

In Nature this week: paternal age associated with de novo mutations in children, and more.

Nature News writes that researchers are still wrangling over the role of the p-value.