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Roche buys 'disruptive' nanopore genome sequencing tech firm Genia

This article was originally published in Clinica

Executive Summary

Roche may have been thwarted when it tried to acquire genome sequencing leader Illumina, but is now betting on a promising earlier-stage technology with the acquisition of Genia Technologies. The deal, worth $125m upfront in cash, plus milestones of up to $225m, gives Roche a gateway into the emerging nanopore sequencing segment – the method is expected to “reduce the price of sequencing while increasing speed and sensitivity.”

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