Source: cision | Published on: Thursday, 17 October 2024
BENGALURU, India, Oct. 17, 2024 -- MedGenome, a leading global genomics-driven diagnostics and research services company, proudly marks a decade of transformative contributions to healthcare. Founded in 2013, MedGenome has been at the forefront of integrating genomics into clinical practice to improve health outcomes for millions across the globe.
To commemorate its tenth anniversary, MedGenome has launched its corporate video [10 Years of Pioneering Genomics], showcasing the company's decade-long journey in the field of genomics. This film pays tribute to the company's dedicated partners—investors, clinicians, scientists, bioinformaticians, lab technicians, and more than 1100 employees who have tirelessly worked to advance science and technology in addressing complex diseases and providing reliable, innovative diagnostic solutions in India. With the hashtag #10yearsofpioneeringgenomics, MedGenome reaffirms its commitment to broaden access to quality and affordable genetic solutions for all sections of society. MedGenome will continue to be guided by its vision to enhance healthcare affordability and accessibility and focus on its mission to leverage genomics to address the huge unmet need across emerging markets.
A Decade of Milestones in Genomics
Genetic variants make each individual uniquely different, influencing not only the traits but also the diseases that one may encounter throughout their lives. By understanding these variations, treatments can be tailored through precision medicine, ultimately improving healthcare outcomes. As a leader in genomics research and diagnostics, MedGenome is dedicated to advancing precision medicine through innovative technologies and collaborative initiatives. These efforts help deepen the understanding of the genetic basis of diseases, paving the way for more effective treatments.
Over the last ten years, MedGenome has delivered world-class genomic solutions, addressing critical healthcare challenges with a mission to broaden access to affordable genetic testing and has introduced over 1,300 high-end genetic tests in India across oncology, inherited diseases, reproductive health, infectious diseases, and preventive wellness.
Some of MedGenome's key achievements include:
Global Expansion and Technological Leadership
MedGenome's expertise in next-generation sequencing (NGS) is supported by its CAP-accredited lab, the largest in South and Southeast Asia, equipped with the latest high-throughput sequencing platforms from Illumina, including the latest NovaSeq X Plus, and operations across India, the US, Singapore, and Africa.
The company has also expanded its footprint in India through multiple strategic acquisitions, including the recent majority stake in Odisha-based GenX Diagnostics in 2024 and the acquisition of Delhi-NCR based Prognosis Laboratories in 2023. These partnerships have strengthened MedGenome's presence in East and North India, furthering its commitment to making genetic testing accessible in Tier 2 and Tier 3 cities.
Innovating for the Future: Expanding Wellness Solutions
MedGenome continues to innovate by addressing emerging healthcare needs. It has developed several cutting-edge tests that have revolutionized patient care and disease management. Under its Genessense brand, MedGenome introduced polygenic risk score (PRS)-based screening tests that analyze the risk of developing common non-communicable diseases such as coronary artery diseases (CAD), diabetes, hypertension, Parkinson's & Alzheimer's disease, hereditary cancer etc. MedGenome has brought personalized health risk assessment into mainstream diagnostics in India, empowering individuals with actionable insights for preventing lifestyle diseases and chronic conditions.
Steering Genomics Research and Collaborations
MedGenome's commitment to research is evident in its groundbreaking collaborations. In partnership with the Parkinson's Research Alliance of India (PRAI), the company initiated a first-of-its kind study of Young Onset Parkinson's Disease (YOPD) in India. The study was aimed at initiating a population-based genetic analysis of Young Onset Parkinson's disease (YOPD) in the Indian population. The study validated existing findings from European populations and identified major genetic mutations in genes such as PRKN (13%), GBA, PINK1, and LRRK2, with a notable discovery of a rare South Asia-specific mutation in the GBA gene, including p.Ser164Arg, confirmed through experimental research, a mutation that is not seen in other populations. The study aggregated the common genetic variations into a polygenic risk score (PD-PRS), introducing a genetic screening test for assessing the risk of developing Parkinson's disease.
In a decade, MedGenome has under its credit 100+ peer-reviewed publications, 1000+ citations tirelessly put together by 100+ scientists, biologists, geneticists and bioinformaticians.
Eyeing the future
As MedGenome celebrates the 10-year milestone, its mission remains clear: to broaden access to quality genomic healthcare solutions for the 4 billion+ emerging market population. The company is committed to advancing genetic research and diagnostics, fostering hope for improved diagnosis, treatment, and prevention of complex diseases. In the coming decade, MedGenome will prioritize multi-omics solutions to deepen understanding of biological systems and mechanisms. Additionally, the company will look for strategic partners through M&A to expand its reach in domestic and international markets, addressing the global need for affordable and accessible genomic solutions across all segments of society.
About MedGenome:
MedGenome is a leading global genomics-driven diagnostics and research services company with a mission to improve global health by decoding the genetic information contained in an individual's genome. It provides data-driven insights at the genetic and molecular level to diagnose complex diseases and facilitate research in precision medicine. MedGenome is the market leader for genetic testing in India offering over 1,300 high-end genetic tests across major disease categories: oncology, inherited diseases, reproductive diseases, infectious diseases and preventive wellness. Genessense, MedGenome's direct-to-consumer division, launched in 2021, provides tests in the preventive wellness category that help understand an individual's genetic susceptibility to various lifestyle diseases. Over the last decade, the company has conducted over 600,000 genetic tests through a network of over 5,000 hospitals and more than 15,000 clinicians across India, built the largest database of South Asian genetic variants, and is a founding member of GenomeAsia 100K, an initiative to sequence 100,000 South Asian genomes. MedGenome has a global presence with the largest CAP-accredited genetic testing laboratory in South Asia, a high-throughput next-generation sequencing lab in Foster City, California, and operations across the US, India, Singapore and Africa. To learn more, follow us on Twitter and LinkedIn.
Video: https://www.youtube.com/watch?v=rn8XvsCauYo
Logo: https://mma.prnewswire.com/media/2533817/MedGenome_10_Years_Logo.jpg
View original content to download multimedia:https://www.prnewswire.com/in/news-releases/medgenome-marks-10-years-of-pioneering-genomics-in-india-302279222.html