Tesis Biosciences, the leader in targeted genetic sequencing, has acquired Genome Explorations, a premier research institution providing global genomic profiling and molecular diagnostics services.
The acquisition, which aligns with Tesis Biosciences’ increased focus on clinical research and product development, will allow Tesis to expedite the completion of a therapeutic clinical initiative that could result in a proprietary product reaching the market early 2022, pending authorization.
Genome Explorations serves academic centers, the pharmaceutical and biotech industry, oncologists, and pathologists with innovative diagnostic, prognostic, predictive, and personalized testing. Its highly trained existing clinical and research staff, which focuses on global genomic profiling and molecular diagnostics services, will complement, and augment the internal Tesis research staff in accelerating the development of proprietary products that will transform how chronic diseases are treated.
“We have a number of proprietary clinical initiatives this acquisition allows us to complete by integrating Genome Explorations’ ongoing research data with Tesis,” said Tesis CEO Ron King. By enabling clinicians to individualize treatment for people with cancer and other chronic diseases, we can improve the quality of life for millions of Americans and revolutionize medicine.”
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Six in 10 U.S. adults have at least one chronic disease – such as cancer, heart disease, lung disease or diabetes – while four in 10 have at least two chronic conditions.
With its genetically integrated medical platform for targeted genetic sequencing and comprehensive genetic data collection, Tesis Biosciences is fueling breakthroughs in chronic disease management. The company currently operates labs in Arizona, Colorado, and Texas.
“Merging our genomic research staff and clinical facilities with Tesis Biosciences will accelerate the discovery of genetically based treatments for managing and preventing chronic diseases,” said Dr. Divyen Patel, founder, and president of Genome Explorations. “This collaboration will result in better outcomes and improved lives for our patients.”
Source: Biospace
