Big Phar­ma joins £200M UK Biobank se­quenc­ing project; Monopar sets terms for $40M IPO

The UK Biobank is kick­ing off an am­bi­tious £200 mil­lion project to un­der­take whole-genome se­quenc­ing of 450,000 par­tic­i­pants, prob­ing the role that ge­net­ics plays in a range of com­mon and chron­ic ail­ments in­clud­ing de­men­tia, men­tal ill­ness, can­cer and heart dis­ease. Am­gen, As­traZeneca, Glax­o­SmithK­line and J&J pooled £100 mil­lion to­tal in ex­change for 9 months of ex­clu­sive ac­cess, while The Well­come Trust char­i­ty and the UK gov­ern­ment each pro­vid­ed £50 mil­lion.

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