Companies Step Up Efforts to Sample Remote Populations
Submitted by ETC Staff on
According to an article in the October 24th edition of Science magazine, In a new gold rush, genetics researchers are scouring odd corners of the world for families whose DNA is likely to carry interesting genes. They won't be freely sharing what they find, because their backing comes from companies like Sequana Therapeutics Inc. of La Jolla, California; Millennium Pharmaceuticals Inc. of Cambridge, Massachusetts; and Genset S.A. of Paris."
The reason why they won't share: The companies are looking to patent and profit from the DNA of remote populations. Just over a week after the Science report, on November 3, Arris Pharmaceuticals of California announced it would pay US $166 million in stock to take over Sequana, one of the highest profile human DNA prospecting companies. The merged company resulting from the Arris takeover will be called Axys Pharmaceuticals.1