• Mon, 26 Aug 2019, 08:01 AM
  • All times are UTC
  • Edition:
    International
Copy link
Increase text size
Decrease text size
Link copied

Blockchain genomics startup to begin pilot project with Merck's subsidiary EMD Serono on lung cancer patient

Wed, 12 Jun 2019, 09:55 am UTC

Blockchain-enabled genome sequencing startup Nebula Genomics has inked its first pharma partnership with Merck KGaA’s EMD Serono.

The goal of this pilot program is to help EMD Serono, the biopharmaceutical arm of Merck KGaA - a pharmaceutical company headquartered in Germany, enhance research efforts by supporting its researchers as they develop new medicines. Under the partnership, EMD Serono's scientists will get access to Nebula’s network of anonymized genome data to better understand the cause of diseases.

The project will recruit lung cancer patients, offering a free high-coverage germline and tumor whole-genome sequencing. In exchange, participants will have access to their genomic data, which can be used to guide patients to decide on treatment options.

When we launched Nebula Genomics last year, we announced our goal to make personal genome sequencing free. Since then we provided low-coverage whole-genome sequencing to hundreds of people free of charge,” the press release stated.

In order to offer free sequencing to even more people, in particular, the more expensive high-coverage whole-genome sequencing, we have established collaborations with pharma and biotech companies that will sponsor sequencing in exchange for access to genomic data. Our collaboration with EMD Serono is the first validation of our model for sponsored sequencing.”

Although genomics has the potential to transform the health industry, slow data generation, data fragmentation, and inefficient consent management hinder researchers in realizing its full potential.

To address these obstacles, Nebula, a startup spun out of a Harvard Medical School laboratory, has developed a blockchain-based network that will connect patients and consumers with researchers, incentivizing data sharing by making sure that fair compensation, transparency, and security are provided.

Earlier this year, enterprise software company SAP revealed it will launch a blockchain-based solution that will help to track and authenticate pharmaceutical packaging returned from hospitals and pharmacies to wholesalers before products are resold.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $10,344.30 (+2.32%)
  • Ethereum (ETH) $190.73 (+0.45%)
  • XRP (XRP) $0.272500 (+0.19%)
  • Bitcoin Cash (BCH) $311.71 (+1.46%)
  • Litecoin (LTC) $73.96 (+1.25%)
  • Bitcoin (BTC) $10,344.30 (+2.32%)
Aug 26, 2019 (Monday)
04:09
Crypto startup Circle eyes $100M fundraise for its crowdfunding arm SeedInvest
04:05
BitPay, Blockchain.com team up to offer a new way of bitcoin spending
04:04
Binance offers lifetime VIP membership to hack victims, blames KYC vendor for image leaks
Aug 23, 2019 (Friday)
11:35
Stablecoin project Terra receives funding from HashKey Capital
10:49
Three of the founding members of Libra Association consider backing out: Report
08:55
Overstock's Patrick Byrne steps down as CEO
08:52
Pundi X brings XPOS crypto payments to Venezuela's Traki retail stores
07:22
Blockchain startup Blockstack scores strategic investment from Japan's Recruit Holdings
07:19
BitGo announces support for multi-signature EOS wallet and custody services
06:39
US Treasury blacklists crypto addresses of suspected Chinese fentanyl traffickers
06:14
Chainalysis launches ‘Chainalysis KYT Alerts’ to detect suspicious cryptocurrency activity in real-time
05:13
Cryptocurrencies used to buy fentanyl, other illicit drugs: White House
05:04
Blockchain energy startup Power Ledger extends energy trading trial in Fremantle
03:53
Blockchain accelerator initiatives launched at the University of California campuses
Aug 22, 2019 (Thursday)
13:05
Crypto exchange Coincheck mulls launching IEO Platform
12:46
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
11:53
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
11:42
Sierra Leone launches blockchain-based National Digital Identity Platform
10:43
Blockchain startup Blocko secures $7.4M in Series B+ round from major South Korean financial institutions
09:52
Crypto Technicals: Ethereum Classic ignores crypto space weakness, extends gains to break above 200-DMA
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft