Genetic firm 23andMe and drug manufacturer GlaxoSmithKline (GSK) will work together to research new drugs based on DNA data of millions of 23andMe customers

Briefing

Genetic firm 23andMe and drug manufacturer GlaxoSmithKline (GSK) will work together to research new drugs based on DNA data of millions of 23andMe customers

August 9, 2018

Briefing

  • DNA-Based Drug Research – DNA testing firm 23andMe and pharmaceutical company GlaxoSmithKline (GSK) will collaborate to conduct research on new drugs based on DNA data of five million 23andMe customers
  • Option to Opt Out – Customers will have option to opt in or out of research any time, with data anonymized to not personally identify individuals
  • $300 Million Investment – GSK has invested $300 million in 23andMe as part of four-year deal
  • New Drugs for Parkinson’s – Involves developing new drugs that could inhibit LRRK2 gene, wherein mutation in gene can cause Parkinson’s disease

Accelerator

Market Disruption

Business Model and Practices

Business Model
and Practices

Sector

Healthcare/Health Sciences

Organization

23andMe Inc., GlaxoSmithKline plc

Source

Original Publication Date

July 26, 2018

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