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Alibaba goes in on $40m boost for DNA-testing startup Prenetics

[ad_1] Photo credit: luchschen / 123RF. Alibaba, China’s US$460 billion online shopping giant, has invested in one of Asia’s top genetic testing startups. Prenetics, which makes a series of DNA-testing products, has pocketed US$40 million, led by Alibaba and Beyond Ventures, with three other investors joining in...

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WuXi NextCODE aims for the genomics database “gold standard” with new $240 million

[ad_1] A lot of money is being poured into genomics lately, including the genomic information company WuXi NextCODE (WXNC), which just announced it has closed on $240 million in Series B financing, led by Sequoia. We tend to hear very little about this company in the...

[ad_1] A lot of money is ...

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