Skip to main content
Premium Trial:

Request an Annual Quote

Genomic Prediction Raises $4.5M

NEW YORK (GenomeWeb) – Genomic Prediction has raised $4.5 million through the sale of preferred stock in a financing round led by Nimble Ventures, the company said today. New investor PeopleFund also joined with Genomic Prediction's early investors.

The North Brunswick, New Jersey-based firm offers tests geared toward patients undergoing in vitro fertilization. It offers a next-generation sequencing-based test for chromosomal aneuploidies, gSeq, as well as an NGS-based test to screen for monogenic and polygenic diseases, EPgT. The gSeq test costs $150 per patient plus an additional $200 for each embryo that is screened, while EPgT costs $1,000, plus $400 per embryo.

The company plans to use the funding to expand its sales team and to further invest in data science. The firm received approval from the New Jersey Department of Health Clinical Laboratory Improvement Services to offer its two preimplantation genetic tests for monogenic disorders and polygenic disorders last September.

"Our cost-effective methodology of polygenic scoring builds on old technology from industrial agriculture, but we are the first in history to develop this technology to protect the human embryo," Genomic Prediction CEO Laurent Tellier said in a statement.

The Scan

Genetic Ancestry of South America's Indigenous Mapuche Traced

Researchers in Current Biology analyzed genome-wide data from more than five dozen Mapuche individuals to better understand their genetic history.

Study Finds Variants Linked to Diverticular Disease, Presents Polygenic Score

A new study in Cell Genomics reports on more than 150 genetic variants associated with risk of diverticular disease.

Mild, Severe Psoriasis Marked by Different Molecular Features, Spatial Transcriptomic Analysis Finds

A spatial transcriptomics paper in Science Immunology finds differences in cell and signaling pathway activity between mild and severe psoriasis.

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.