Wednesday 1 August 2018

A medical diagnostics startup that wants to use CRISPR technology to detect diseases just raised $23 million in venture funding

The science team behind Mammoth BiosciencesMammoth Biosciences

  • Mammoth Biosciences announced a $23 million funding round on Tuesday, setting the company up to try and make a dent in the $45 billion global disease detection market.
  • The startup uses CRISPR-based technology to detect the presence of diseases like HPV and malaria in DNA from blood or urine samples. 
  • The technology is easily transportable and doesn't require expensive machines to run tests.

Mammoth Biosciences' motto is simple: to make up-to-date diagnostics simple, accessible and affordable.

"If you think about what we're offering it's kind of like a pregnancy test," said Trevor Martin, co-founder and CEO of Mammoth Biosciences. But instead of tracking hormones that indicates whether a person is pregnant or not, it tracks the presence of diseases like HPV or malaria. 

See the rest of the story at Business Insider

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