In order to advance the science of genetic research and widen the scope of product innovation, genomics companies are quickly entering into strategic collaborations with biotech, pharmaceutical, and academic communities. These collaborations, which facilitate faster invention, resource sharing, and fusion of many different disciplines of inquiry, are central to building genomics. Through such collaborations, genomics companies are giving rise to new areas of activity like gene therapies, diagnostic products, and targeted medicine.
- Drug Discovery by Genomics and Pharmaceutical Partnerships
Pharma multinational Bristol-Myers Squibb and next-generation sequencing (NGS) industry leader Illumina enjoy one of the most recognized genomics collaborations. In 2016, both companies worked with each other after being recognized for using genome sequencing technology for finding medicines and biomarkers. With the immuno-oncology history of Bristol-Myers Squibb and the leading genomic sequencing technology of Illumina, this partnership will seek to identify genetic markers that may lead to predicting whether a cancer patient will respond to treatment. These partnerships leverage genomics to personalize cancer therapies and enhance outcomes through personalization based on the patient's specific genetic profile. These collaborations not only reveal the potential of genomic technology but also present attractive investment opportunities by providing new glimpses into the construction of the next generation of cancer medicines.
- Biotechnology and Gene Editing Partnership
Both biotech and genomics firms have been keenly interested in gene editing technologies, particularly CRISPR. Along with Vertex Pharmaceuticals and CRISPR Therapeutics, both of which are leaders in the gene editing space, they are developing gene-based treatments for inherited conditions like cystic fibrosis. Such a collaboration unites CRISPR Therapeutics' state-of-the-art gene editing technology with Vertex's significant clinical trial and drug development expertise.
With the collaborations, CRISPR-based treatments have come up aimed at curing the genetic disorders responsible for causing cystic fibrosis at the gene level and perhaps offering a cure that is permanent. These collaborations show how gene-editing medicines can be used to cure inherited diseases that were previously impossible to cure, making them a biotechnology achievement.
- Academic Institution-Genomics Company Partnerships to Support Research
Besides corporate collaborations, academic institutions play a vital role in genomics research. Genomics companies are also partnering more and more with educational institutions and research centers to expand the scientific understanding of genetics and accelerate the development of new genomic technologies. Being part of the Roche Group, Genentech has partnered with institutions like Harvard and MIT's Broad Institute to explore how genetics plays a role in human disease.
