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MiLaboratories gets $10M for a platform play to accelerate genomic research
Advances in DNA sequencing and the vast amounts of genomic data being produced by next-generation sequencing (NGS) technology have created a startup
“It’s a ‘no code’ style approach for biologists and we also release an [open source] SDK — software development kit — allowing bioinformaticians to build real applications,” CEO Stan Poslavsky tells TechCrunch. The startup hopes its platform will free up bioinformaticians from being called upon to deal with the grunt work of genomic data processing so these multidisciplinary scientists can apply their skillset to the more complex tasks of building algorithms that might help advance cutting-edge science. MiLaboratories has developed what Poslavsky couches as a “very sophisticated” and “mathematically proven” technology which allows for many sorts of calculations to be performed in “a very optimized way.” He suggests this tech — which it has patented — enables the platform to reach 10x efficiency compared to some other types of computational workflow.
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