Mayo Clinic and Thermo Fisher Launch Precure, LLC for Early Disease Detection

M&A · PartnershipProduct / TechIndustry
โดย PR Newswire·US·Read original
Summary · why it matters

Mayo Clinic and Thermo Fisher Scientific have launched Precure, LLC, a Mayo Clinic-controlled company that will build one of the world's leading biomedical datasets to identify signs of disease before symptoms appear. Mayo Clinic will serve as majority owner and Thermo Fisher joins as minority owner of the venture, which will generate molecular data from one million biospecimens linked with longitudinal clinical information collected over several years. The effort integrates proteomic, genomic and clinical data, with Thermo Fisher contributing its Olink Explore HT proteomics platform and Thermo Scientific Orbitrap Mass Spectrometry, kits and reagents. Precure, LLC complements Precure Research, Mayo Clinic's investigator-led scientific effort, by providing the scale, infrastructure and collaborations needed to generate population-scale molecular data and translate discoveries into new diagnostics, therapeutics and other healthcare solutions. Mayo Clinic said any financial returns from its involvement would be reinvested in its nonprofit mission of patient care, research and education.

Impact on stocks 1

Biotech & Genomic Medicine▲ · 1 stocks
Thermo Fisher Scientific Inc
TMO
▲ PositiveDemandrelevance

Thermo Fisher joins as minority owner and contributes its Olink Explore HT proteomics platform, Orbitrap mass spectrometry, kits and reagents to the new Precure venture, creating a new outlet for its products.

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Off-coverage companies 1

Precure, LLCPrivate▲ Positive
Capitalrelevance

Precure, LLC is launched as a Mayo Clinic-controlled company with Thermo Fisher as minority owner to build a population-scale biomedical dataset.

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