Virus and rare disease research has never been more prominent. 42Genetics' software provides a fast, low-cost solution to the creation and storage of large DNA genomic data files, facilitating academia, pharma and medical professionals to carry out ground-breaking research.
1 in 17 people (7% of the population) will be affected by a rare disease at some point in their lives. This is about 3 million people in the UK. 80% of rare diseases include cancers, and some other well-known conditions such as cystic fibrosis and Huntington’s disease, have a genetic component.
42Genetics is on a mission to unlock genomic data for the world’s health organizations by providing data-driven solutions for diagnostics and discovery at scale. We are in negotiations with a life-science organization to progress precision medicine programs, enable high throughput diagnostics and accelerate the pace of research.
A digitised human genome is 500GB in size when output from a sequencer and this makes it difficult to transfer through the Cloud and very costly to store, especially when working with large population groups. 42Genetics reduces the footprint to less than 5GB thus facilitating speed and making research more affordable. The Genomics industry was worth $18.85bn in 2019 and is projected to grow to $82.6bn by 2027.
The team have significant experience in building genetic software, and in February 2020, we completed a validation project with Cambridge University, hosting and processing 15,000 whole genomes and achieving a publication in Nature journal along with NIHR and Genomics England.