DNAPrint Genomics to be Acquired by Nanobac Pharmaceuticals

DNAPrintG GenomeWeb Daily News announced on Friday that DNAPrint Genomics is being purchased by Nanobac Pharmaceuticals (I’ve written about DNAPrint here and here, including about their Doggie DNAPrint product). Here is the press release from Nanobac.

DNAPrint had a big year in 2007 with a number of partnerships and new products, and many people have forgotten or were unaware that the autosomal genetic genealogical tests offered by DNAPrint’s AncestrybyDNA are just a small part of the company’s business. From the Nanobac press release:

“DNAG’s primary objective has been, and Nanobac’s primary objective will be, to develop progressive theranostics drugs, which combine extensively modeled drugs with genomics-derived intelligence to create more economical and powerful drug/test combination products with superior performance parameters. DNAG’s flagship product, PT-401, is expected to result in more effective treatment of anemia, and its Protectin(TM) (CD-59) diagnostic test is expected to allow patients and their physicians to more effectively manage the risks and treatment decisions for diabetes. DNAG supports its clinical programs, in part, through the sale of consumer genetics tests genotyping services on a contractual basis.”

Will DNAPrint/Nanobac continue to offer and develop their autosomal DNA testing products in the face of startups like deCODEme, 23andMe, and SeqWright? I wonder if they’ve seen any decline in business since the launch of these companies. I think DNAPrint/Nanobac will have to implement some type of SNP chip technology to be competitive in this market.

5 Responses

  1. WEL 17 August 2008 / 1:06 pm

    MAXIDEX WARNING

    I had eye surgery and in the ost-op pack was MAXIDEX(dexamethasone) drops by ALCON LABS

    Two days later I was BLIND

    Use Google and enter EPOCRATES MAXIDEX to verify

  2. Bert 6 February 2009 / 6:01 pm

    We ordered from this company “AncestrybyDNA” and waited about 8 weeks with no results. We called and left messages and no one called back. We finally contacted our credit card company and got our money back. This place is a ripoff.

  3. DP 26 February 2009 / 11:24 am

    We ordered the dna test and have waited since November with no results. Can’t reach them by phone. They are a rip off. Hope to be able to get my money from credit card company like Fred.

  4. Ripped Off 5 March 2009 / 4:40 pm

    I paid $690.00 through Paypal. I received the kits for two tests and sent them in but have not received results. Because the time period for genetic testing can be 8-12 weeks, it is beyond the time frame to dispute a transaction with either PayPal or Bank of America (where the funds came from in my case) by the time you know you did not receive the results/product. I was advised by Bank of America to file a complaint with the Internet Crime Complaint Center which is a partnership with the FBI, National White Collar Crime Center, and the Bureau of Justice Assistance via http://www.ic3.gov. I would ask that others do the same so that DNAPrint Genomics would receive some attention from this agency. Thank you.

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