"We are eager to take an active role in advancing research of rare genetic disorders," said Linda Avey, co-founder of 23andMe. "By partnering with our colleagues at mondoBIOTECH, a company acutely focused in this area, we'll be able to leverage the genetics and bioinformatics expertise of our science team toward better understanding of these often devastating conditions."
"For years, we have been working on behalf of neglected and underserved disease communities to help improve the lives of people with rare and fatal diseases," said Fabio Cavalli, Chief Executive Officer of mondoBIOTECH. "When we met the founders of 23andMe last year at Davos and saw what they were doing with genetics, we knew that a collaboration between the two companies could go a long way towards understanding the causes of the diseases we have been researching."
23andMe, Inc. is the leading personal genetics company dedicated to helping individuals understand their own genetic information through DNA analysis technologies and web-based interactive tools. The company's Personal Genome Service(TM) enables individuals to gain deeper insights into their ancestry and inherited traits. 23andMe, Inc., was founded by Linda Avey and Anne Wojcicki in 2006, and the company is advised by a group of renowned experts in the fields of human genetics, bioinformatics and computer science. Its Series A investors include Genentech, Inc., Google Inc. and New Enterprise Associates. More information is available at www.23andme.com
mondoBIOTECH is the Swiss open source biotech aiming to improve the health of patients affected by rare diseases. mondoBIOTECH currently has a product pipeline of more than 300 peptides as treatment options for more than 600 rare diseases. The com
|SOURCE 23andMe, Inc.; mondoBIOTECH AG|
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