Nigerian Startup Raises Millions for African Genetic Database

Nigerian startup 54gene has raised U.S.$4.5 million to collect DNA data to improve treatments for Africans and those of African descent. Only 2% of genetic material used for pharmaceutical research comes from the African continent, while genetic data on Caucasians makes up 90% of the data and samples available, according to 54gene.

54gene founder and CEO Dr. Abasi Ene-Obong, centre, among the 54gene staff.

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