Drugmakers are set to pay 23andMe millions to access consumer DNA

Post Reply
User avatar
wjfox
Site Admin
Posts: 8942
Joined: Sat May 15, 2021 6:09 pm
Location: London, UK
Contact:

Drugmakers are set to pay 23andMe millions to access consumer DNA

Post by wjfox »

Drugmakers are set to pay 23andMe millions to access consumer DNA

GSK will pay the DNA testing company $20 million for non-exclusive access to genetic data.

30 October 2023 at 12:00 GMT

GSK Plc will pay 23andMe Holding Co. $20 million for access to the genetic-testing company’s vast trove of consumer DNA data, extending a five-year collaboration that’s allowed the drugmaker to mine genetic data as it researches new medications.

Under the new agreement, 23andMe will provide GSK with one year of access to anonymized DNA data from the approximately 80% of gene-testing customers who have agreed to share their information for research, 23andMe said in a statement Monday. The genetic-testing company will also provide data-analysis services to GSK.

23andMe is best known for its DNA-testing kits that give customers ancestry and health information. But the DNA it collects is also valuable, including for scientific research. With information from more than 14 million customers, the only data sets that rival the size of the 23andMe library belong to Ancestry.com and the Chinese government.

https://www.bloomberg.com/news/articles ... eddit_wall
Post Reply