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Geneseeq Raises millions of RMB to Develop NGS

China BioToday
2017-07-27 13:09:06

Geneseeq, a Nanjing-Toronto genetic sequencing company, closed a C funding round of hundreds of millions of RMB. Founded in 2008, Geneseeq focuses on genetic sequencing to provide personalized medicine for tumor related diseases.

 

The company has a pan-genomic testing system that detects genetic abnormalities in 416 cancer-related genes. Each 100 million RMB would be worth $15 million, implying the funding totaled at least $30 million.


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