Reports + Research
Omniome Raises $60 Million for Faster, Cheaper DNA Sequencing
The series B financing was led by Decheng Capital and Hillhouse Capital Group, and joined by new investors Lam Research Capital and Nan Fung Life Sciences as well as current investors Arch Venture Partners, Domain Associates, Biomatics Capital Partners, and Altitude Life Science Ventures. Part of the financing will be used to advance Omniome’s trademarked Sequencing by Binding technology while “accelerating prototype development of commercially-impactful sequencing platforms.”
Scripps Research Finds New Way to Fight Cancer
Scientists at Scripps Research have published a study in Nature Communications describing Rad52, a protein that repairs certain types of damaged DNA that accumulate in some cancers. Inhibiting Rad52 could rob cancer cells of this particular repair mechanism and provide a new strategy to kill cancer cells, especially in triple-negative breast cancer, without harming healthy cells.
La Jolla Event Explains BRCA in Breast Cancer
BRCA was brought into the full limelight in 2013 when actress Angelina Jolie announced that she carried a mutation in the BRCA1 gene and had undergone a preventive double mastectomy to decrease her risk of developing breast cancer. At the Jewish Community Center in La Jolla, a panel of experts, including a patient advocate, convened to educate the community about testing for BRCA1 and BRCA2 mutations and options for those who are positive.
Read + Listen
POW! Podcast of the Week
The Bio Report podcast, hosted by veteran journalist Daniel Levine, focuses on the intersection of biotechnology with business, science, and policy.
Events
It’s Happening Here
August 1
The San Diego Biotechnology Network will host SDBN Summer Synergies Speed Networking on August 1 from 5:30 p.m. to 9 p.m. at the Karl Strauss Tasting Room.
August 22
Biocom CFO Breakfast Series: Strategic Partnerships will take place the morning of August 22 at The Alexandria at Torrey Pines.
August 25
The 23rd Annual Symphony at Salk will take place August 25 under the stars.
August 29
Biocom DeviceFest & Digital Health Conference will take place August 29 at The Sheraton Carlsbad Resort & Spa.
Client disclosure: Scripps Research
Tags: Biotech, Biotech Briefing, Blogs, Medical Research, Scripps, Scripps Research Institute
