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Corporations lock up your genome, while VCs flee biotech

Corporations lock up your genome, while VCs flee biotech

biotech.jpgTwo posts worth checking out at VentureBeat Life Sciences:

1. Whiz-bang gene technology will soon let you play around with your own genome — but companies like 23andMe and Navigenics may lock it up and repeatedly charge you for access to it. Read about the emerging world of “corporate genomics” here.

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2. Funding for biotech and medical-device startups seemed pretty stable in the third quarter, but a closer look revealed that VCs are dropping the sector like a hot potato.

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