NEW YORK (GenomeWeb) – Horizon Technology Finance said this week that it closed a $3 million loan to preconception genetic testing firm GenePeeks.

GenePeeks has offices in New York City and Cambridge, Mass., and focuses on identifying inherited disease risk in future generations. According to Horizon, the firm uses algorithms to simulate the genetic interactions between two potential parents that occur in reproduction, digitally crating and analyzing thousands of hypothetical genomes to discover disease risk that cannot be uncovered by existing pre-pregnancy screening tools.

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