gen-t

gen-t

Fostering biomedical R&D, leveraging the genetic diversity and admixture of the Brazilian population. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
AUD8—12m (Dealroom.co estimates Oct 2023.)
São Paulo São Paulo (HQ)
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DateInvestorsAmountRound

$2.0m

Seed
*

$1.3m

Seed
Total FundingAUD5.1m

Recent News about gen-t

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Gen T is a pioneering startup focused on building the largest and most diverse genetic biobank in Latin America. This biobank is essentially a large collection of genetic information that can be used to accelerate precision medicine and the development of new, more effective drugs. Precision medicine is a medical approach that tailors treatment to individual genetic profiles, making it more effective and specific.

The company serves a variety of clients, including pharmaceutical companies, research institutions, and healthcare providers. These clients use Gen T's genetic data to develop new drugs, conduct research, and improve patient care. The market Gen T operates in is the biotechnology and healthcare sector, specifically focusing on genetic research and precision medicine.

Gen T's business model revolves around collecting and analyzing genetic data from diverse populations, particularly in Brazil and other parts of Latin America. They then provide this data to their clients for a fee. This data is invaluable for developing new drugs and treatments that are more effective for diverse populations, which have historically been underrepresented in genetic research.

The company makes money by charging pharmaceutical companies and research institutions for access to their genetic data. They may also collaborate on research projects, sharing both the costs and the profits from any resulting discoveries or products. Additionally, they might receive grants and funding from government agencies and private investors who are interested in advancing genetic research and precision medicine.

In summary, Gen T is at the forefront of genetic research in Latin America, providing crucial data that can lead to the development of better, more personalized medical treatments. Their work not only has the potential to improve healthcare outcomes but also to place Latin America on the map in the global biotechnology landscape.

Keywords: genetic biobank, precision medicine, Latin America, genetic research, biotechnology, healthcare, pharmaceutical, data analysis, drug development, genomic diversity.