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NEW YORK (GenomeWeb) – Diagnostics firm Applied Proteomics has sold substantially all of its assets to biotech startup DiscernDx for $1.85 million.

The sale marks the end for the San Diego-based proteomics firm, which was launched in 2007 by David Agus, director of the University of Southern California's Center for Applied Molecular Medicine, and Danny Hillis, chairman and cofounder of technology firm Applied Minds.

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Inivata

Circulating tumor DNA (ctDNA) can allow clinicians and researchers to better understand which patients are at high risk of recurrence and should be offered intensified chemotherapy or selected for clinical trials.

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Sponsored by
Illumina

Illumina’s BaseSpace Sequence Hub (BSSH) supports primary and secondary analysis of massively parallel sequencing data and can be applied to gene panel data that is generated as part of a clinical cancer assay performed in a pathology lab.