Cashing in on DNA: race on to unlock value in genetic data


  • World Premium
  • Friday, 03 Aug 2018

FILE PHOTO: A DNA double helix is seen in an undated artist's illustration released by the National Human Genome Research Institute to Reuters on May 15, 2012. REUTERS/National Human Genome Research Institute/Handout/File Photo

LONDON (Reuters) - How much is your DNA worth? As millions of people pay for home tests to check on ancestry or health risks, genetic data is becoming an increasingly valuable resource for drugmakers, triggering a race to create a DNA marketplace.

GlaxoSmithKline's decision to invest $300 million (230 million pounds) in 23andMe and forge an exclusive drug development deal with the Silicon Valley consumer genetics company crystallises the value locked up in genetic code.

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