Skip to main content
Premium Trial:

Request an Annual Quote

Rennova Health Forms Precision Medicine Group

NEW YORK (GenomeWeb) – Rennova Health announced today that it has formed a precision medicine unit, which it is considering spinning off to its shareholders.

Called the Advanced Molecular Services Group (AMS), the new unit is made up of three Rennova subsidiaries: CollabRx, a clinical decision-support company that merged with Medytox Solutions in 2015 to become Rennova; Genomas, a pharmacogenomics testing firm Rennova fully acquired last year; and Alethea Laboratories, which Medytox acquired in early 2013. 

AMS will offer a mobile application that interprets the results of tests conducted by Alethea to provide treatment guidance to physicians and patients. The group will specifically focus on mental and behavioral health, oncology, urology, and cardiovascular disease. A beta version of the app is expected to launch this summer. Scott Jenkins — who has previously served in executive level roles for Alchemist Ventures, Applied Biosystems, and IBM — has been selected as AMS' CEO.

Rennova also said that its board is considering spinning off AMS to shareholders, but that such a move would require various consents and approvals.

During early morning trading on the Nasdaq, shares of Rennova were up nearly 8 percent to $.79.

The Scan

ChatGPT Does As Well As Humans Answering Genetics Questions, Study Finds

Researchers in the European Journal of Human Genetics had ChatGPT answer genetics-related questions, finding it was about 68 percent accurate, but sometimes gave different answers to the same question.

Sequencing Analysis Examines Gene Regulatory Networks of Honeybee Soldier, Forager Brains

Researchers in Nature Ecology & Evolution find gene regulatory network differences between soldiers and foragers, suggesting bees can take on either role.

Analysis of Ashkenazi Jewish Cohort Uncovers New Genetic Loci Linked to Alzheimer's Disease

The study in Alzheimer's & Dementia highlighted known genes, but also novel ones with biological ties to Alzheimer's disease.

Tara Pacific Expedition Project Team Finds High Diversity Within Coral Reef Microbiome

In papers appearing in Nature Communications and elsewhere, the team reports on findings from the two-year excursion examining coral reefs.