Ambarish Mitra, well known as the co-founder and CEO of Blippar - an augmented reality and computer vision based AI application platform - will invest in the Cambridge-based Global Gene Corp to bring medicine to the masses.
"Global Gene Corp sits at the convergence point of genomic & life sciences, machine learning and big data technologies. They have fundamentally disrupted the business model to deliver a platform that is scalable and affordable - which is key to bringing precision medicine to the masses," Mitra said.
The insights gained through genomics help scientists better understand disease and then develop more effective drug delivery systems and therapeutics.
The Global Gene Corp team discovered that over 60 per cent of the world's population is almost completely unrepresented by the available genomic data - mainly of Asians and Africans.
"We have made it our mission to build the largest high-fidelity genomics data platform of analysed and sequenced DNA along with clinical longitudinal data sets from every ethnic group in order to help pharmaceuticals develop targeted therapeutics. We're particularly looking at underexplored populations from Asia and Africa," said Sumit Jamuar, Global Gene Corp's co-founder and CEO.
Global Gene Corp's R&D centre is based at the Wellcome Genome Campus in Cambridge, alongside the Wellcome Trust Sanger Institute, which played an important role in the original sequencing of the human genome.
It is one of only three companies selected to be part of the first cohort of "cutting-edge" businesses to move into the Campus' new 42-million-pound Biodata Innovation Centre in July 2016.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
