Fusion Genomics
Fusion Genomics aims to provide health care providers with rapid, unambiguous, and cost effective diagnostic DNA tests for genetic and infectious diseases.
- Stage Full Product Ready
- Industry Medical Devices and Equipment
- Location Burnaby, BC, Canada
- Currency USD
- Founded July 2013
- Employees 14
- Website fusiongenomics.com
Company Summary
The mission of Fusion Genomics is to develop highly sensitive and massively multiplex DNA sequencing based diagnostics. These will expedite diagnosis and genotype-targeted treatments preventing unnecessary deaths and disease resistance for both the individual and the population.
Current molecular diagnostics for infectious diseases can only tests for limited number of pathogens at a time. Therefore, are time-consuming, labor-intensive, and not economically scalable. These limitations are shared by all current tests regardless of the underlying technology, e.g. PCR or array chips.
Fusion Genomics' ONETest system allows one to test and genotype hundreds of pathogens at high specificity in a single test. Our patent pending DNA/RNA capture technology called Quantum Probes when used with next generation DNA sequencing (Illumina/Life) offers best in class specificity and sensitivity than any test currently on the market. Fusion Cloud our online data analytics and management solution, further allows the customer to rapidly analyze, use and share the data as well as augment results with other information such as geo-tags.
We have already proven the effectiveness and applicability of our platform by developing a highly sensitive Influenza genotyping assay. Data from a recently concluded clinical trial, showed that the assay is able to detect and genotype influenza at titres up to 1000X less than comparable PCR assays. A specially modified form of the assay was able to detect and genotype avian influenza from lake bed sediments in wild bird habitats - a first for environmental DNA. We are using our platform to develop a number of other tests including Hepatitis C, MDR/XDR Tuberculosis, HPV, etc.
Fusion’s go-to-market strategy is to partner with large scale, industry leading diagnosis laboratories and leverage the connection to access clinical cases/specimens, resources and a high level of market visibility and influence. Currently, we are working with the BC Centre for Disease Control on Influenza (both human and avian) genotyping and Hepatitis C assays. In addition, we are forming a consortium with the Royal Tropical Institute, Netherlands, The London School of Hygiene and Tropical Medicine and the Ifakara Health Institute, Tanzania to develop tests for Resistant Tuberculosis and Hemorrhagic Fevers. Fusion is also in talks to take our tests through Health Canada and CE approvals (followed by FDA).
Team
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President and Chief Scientific OfficerDr. Qadir has over 17 years of research experience; the last 10 were at the British Columbia Cancer Agency. As part of his early training, he worked with world-renowned experts in genomics and drug development and is the co-inventor of the ChildSeq assay and ChildDecode. Dr. Qadir oversees all the scientific aspects of research and development efforts at Fusion Genomics and also serves as the interface with all collaborators.
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Chief Technical OfficerGreg Stazyk has over 20 years of experience in senior positions in the IT industry. Greg was the IT lead at the BC Cancer Agency’s Genome Sciences Centre where he oversaw the expansion of its computing infrastructure from a few dozen core machines to over 10,000 with over 7 Petabytes of storage in a CAP/CLIA certified environment. Greg brings expertise in IT project management, especially in business fault tolerance and secure storage systems.
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VP of Product DevelopmentMr. Kwok has 10 years of experience in molecular biology and genomic technologies including next-generation sequencing. Brian previously worked at the Royal Tropical Institute for infectious diseases (Netherlands), where he was involved in developing molecular diagnostic assays for drug-resistant tuberculosis. Brian led the development of the ChildSeq assay. Brian will be responsible for the development, testing, and production of the new assays.
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Chief Financial OfficerMr. Jameel has over 25 years of experience in transaction support, PE & VC investments and fund raising. He has participated in over US$ 1 billion of transactions and has board level experience of a number of companies. Mr. Jameel has advised startups in the fields of media, technology and logistics. He is a CFA charterholder and holds a masters degree in accounting and finance from the London School of Economics and Political Sciences.
Advisors
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Professor, Department of Pathology & Laboratory Medicine; The Johal Chair in Childhood Cancer Research at UBC; Senior Scientist at the BC Cancer Agency Research Centre; Scientist at the Child & Family Research Institute (CFRI)
Previous Investors
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Friends and FamilyUnconfirmed
Investor Group
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