2016-06-15 14:54
Genetic testing industry there are 6 investment opportunities and 4 major risks
[straight Beijing News Network News June 15] (Gen antiquities) various types of investment companies and industrial capital are in have the layout of at present, the precise medical hot field of startups, such as liquid biopsy, edited gene, gene data and immune cell therapy. Precise medical care in the end what is the point? What are the innovations of gene technology in clinical practice? In the primary market, there are some investment opportunities that are worth paying attention to? What risks exist in genetic testing industry at present?
Capital have layout precision medical
By the end of January 2015, U. S. President Barack Obama in 2015 in his state of the Union address announced the precise medical plan. The purpose is to let all people get personalized health information. Subsequently, the Ministry of science and technology of China also in March 2015 held countries for the first time precise medical strategy meeting of experts, and plans in 2030 investment 600 million yuan to accelerate China precision medical industry development.
In recent years, with the governments of precise medical attention and application in clinical breakthrough, the cost of sequencing drastically reduced, cloud services and big data technology mature, gene technology related industry seems to have been pushed to the cusp, along with the capital swarmed in.
Recently, the United States well-known biomedical data analysis firms seven bridge Seven (Bridges gene) to get $45 million A round of financing. In April 4, 2016, headquartered in San Diego, genomics startups Human Longevity Inc. Also announced in April 4, 2016 to complete the B round of financing, the total amount of up to $, the investor includes the Illumina, Celgene and other well-known enterprises. Domestic and by Yuanhua gene CEO Wang Jun, co-founder of the carbon cloud intelligent, recently announced that completed nearly 10 billion yuan in the first round of financing by Internet industry giant Tencent, stem cell industry leader in source co led investment. At the same time, various types of investment companies and industrial capital are in have the layout of the currently popular in the field of startups, such as liquid biopsy, edited gene, gene data and immune cell therapy, industry hot degree is evident.
What are the innovations of gene technology in clinical practice?
Precise medical care in the end what is the point? What are the innovations of gene technology in clinical practice? Below, I will by application of gene technology in the field of lung cancer we see only a small part of A.
Lung cancer is the highest incidence of cancer in China, in China, lung cancer each year will take about 600 thousand people's lives, is expected to 2025, China's lung cancer patients will reach 1 million cases, this is a very scary data. How to prevent lung cancer by gene technology?
Assuming that there is a A, 45 years old, perennial smoking, or long-term exposure to PM2.5 serious excessive environment, then Mr. A belongs to the high incidence of lung cancer, should be regularly to accept the early screening of lung cancer. Currently clinically for lung cancer early screening, mainly using low dose spiral CT and blood tumor markers, but missed the screening rate is very high, the timing of treatment of patients with severe delays. In fact, at present, more than 70% of lung cancer patients in our country at the time of diagnosis, it is already advanced lung cancer. Whether gene technology can solve this problem?
The answer is yes. At present, this kind of technology is developing at a high speed, in the market cultivation stage, it is the "MIT Technology Review Magazine" as one of the ten breakthrough technology in 2015, one of the "liquid biopsy" technology. On 11 January 2016, CFDA approved the application of independent research and development of domestic companies geno biological to lung cancer CTC detection products, the product is the traditional method for more than 90% of the early lung cancer detection rate was reduced to 20%, that is, at present clinical have more accurate method to do screening for early lung cancer, but the price is relatively expensive, public information 3000-3600 yuan per case.
Next, we still take Mr. A as an example, to give you a brief introduction to the application of gene technology in the field of medication guidance (along with the diagnosis). If Mr. a there is no regular screening for lung cancer, but unfortunately diagnosed lung cancer late, often surgical treatment at this stage is not suitable, usually the doctor will take a combination of radiotherapy and chemotherapy for the treatment of a Mr.. How to choose chemotherapy drugs?
Study found that target to the drug is better than the conventional chemotherapy, but only carry specific molecular genetic markers of population to benefit from, such as lung cancer patients in most of the EGFR (epidermal growth factor receptor) gene mutation positive patients, the target to the drug's effect is good. The clinical doctors usually requires the use of lung puncture. First, collect tissue of patients with lung tumor, pathology and genetic detection of the, and accept such intrusion detection to the patient is greater risk, such as the occurrence of pneumothorax and other symptoms. June 1, 2016, FDA approved Roche a for non small cell lung cancer patients with detection of EGFR gene mutations in the liquid biopsy products, do not need to puncture, only need a blood test can be. Once this product is widely used in clinical practice, it is very suitable for patients with lung cancer who are not suitable for sampling.
So, gene technology in the treatment of lung cancer can also play a significant role in it? The answer is yes. Back to Mr. A, Mr. A's lung cancer was diagnosed late, the effect was not obvious after the targeted therapy, so he decided to try the latest immunotherapy technology CART therapy. At present, clinical therapeutic effect of cart therapy of B lymphocytic leukemia is very significant, five year survival rate can reach more than 90%, efficacy in solid tumors is not enough, but there have been many scholars engaged in research work of cart in treatment of lung cancer, perhaps in the future, like Mr. a this kind of lung cancer can by cart technology to be cured, and gene technology will greatly promote cart therapy the clinical development process. There is a need to introduce a new technique called gene editing technology.
In short, gene editing technology is a means of genetic engineering, so that people can easily edit the target gene. For example, in order to prevent the body's rejection reaction, at present in the treatment of CAR-T is the best way to collect the patient's own immune cells, in vitro transformation and then back to the patient. This completely personalized treatment led to the cost of CART therapy is difficult to reduce, the cost of treatment up to $400 thousand. How to reduce costs? A French cart treatment cellectis is trying the gene editing means, "closed" lead to rejection of gene excretion from the body. This cart cell to mass production, which will greatly reduce the cost of treatment.
Finally, the significance of gene diagnosis in the patient's condition monitoring and prognosis. After treatment, Mr. A's condition was under control, home to rest. Next, Mr. A needs to go to the hospital for a comprehensive physical examination, on the one hand, to observe the efficacy of early, on the other hand, to detect whether there is a proliferation of cancer. At present, mainly through the PET/CT, serum tumor marker detection for monitoring, not sensitive and accurate. The latest progress is through liquid biopsy technique for the detection of tumors in the blood of patients with circulating tumor cells and ctDNA to ensure higher, a more timely detection rate, but also to gene mutation detection of tumor cells and accurate response to tumor cells produce the problem of resistance.
Precisely what investment opportunities in the field of precision?
Through the above lung cancer cases, I believe that we have been able to preliminary understanding of precise medical technology innovation effect on clinical, it is not hard to understand why so many capital swarmed in. The share investment in the field of gene the layout of the three companies, is the first domestic genetic testing industry leading BGI, the second is founded by APB gene CEO Wang Jun Mr. carbon cloud intelligent, and the third house is founded by the cancer genome, one of the founders of these Mr. Pan son. Next, I will combine these three companies and some of the recent visit of startups, talk about in the primary market, I think it is worth the attention of some investment opportunities, only on behalf of personal opinion.
First, I am more concerned about the latest technology in the field, such as liquid biopsy, gene editing, etc., have a profound accumulation of technology companies. Most of these companies are from overseas well-known research institutes and biotechnology companies, they brought back the latest technology from overseas. At the same time, the study of this kind of company, I will focus on the founder's leadership, resource integration capabilities, the integrity of the team, the future of new technology market promotion will be very important.
Second, if some of the early projects valuation is not high, the founding team did not intend to do their own marketing, but to the completion of the research and development of products sold to large companies, is also a regular layout. They eventually developed products may have good value of mergers and acquisitions.
Third, I am more concerned with the ability to obtain a large number of healthy people or patients with structured data from the company's structured data in a relatively low cost. On the one hand, if the company has a wide range of medical institutions, scientific research institutions, the government to establish good relations of cooperation, the ability to have a very strong competitive. For example, the current master of China's large genes on the millions of genes related data is a very large resource treasure house.
On the other hand, if the venture company to open a new path, power with the help of the Internet, local access to C terminal of user data, will also have the opportunity, such as the U.S., 23andMe, through nearly 10 years of hard work currently have access to the millions of levels of genetic data. But everyone, please note that this process is also very difficult.
Fourth, due to the genetic data, health management is a huge amount of data, have the ability to make good use of such a large company's data also has relatively high investment value, such as plans to use artificial intelligence engine for data mining to analysis and carbon cloud intelligent. Another example is some very good gene analysis software platform.
Fifth, the gene industry segments are very many, can focus on a large enough market segments, in the depth of the field of mining, the establishment of trade barriers of enterprises, individuals are more optimistic. Such as pan, in the field of brain tumor has established deep barriers.
The sixth. At present, the precise medical system is still in its infancy, gene business company in the industry and medical institutions to provide infrastructure structures, powerful application tools, there will be more opportunities for development.
Precisely what investment opportunities in the field of precision?
Through the above lung cancer cases, I believe that we have been able to preliminary understanding of precise medical technology innovation effect on clinical, it is not hard to understand why so many capital swarmed in. The share investment in the field of gene the layout of the three companies, is the first domestic genetic testing industry leading BGI, the second is founded by APB gene CEO Wang Jun Mr. carbon cloud intelligent, and the third house is founded by the cancer genome, one of the founders of these Mr. Pan son. Next, I will combine these three companies and some of the recent visit of startups, talk about in the primary market, I think it is worth the attention of some investment opportunities, only on behalf of personal opinion.
First, I am more concerned about the latest technology in the field, such as liquid biopsy, gene editing, etc., have a profound accumulation of technology companies. Most of these companies are from overseas well-known research institutes and biotechnology companies, they brought back the latest technology from overseas. At the same time, the study of this kind of company, I will focus on the founder's leadership, resource integration capabilities, the integrity of the team, the future of new technology market promotion will be very important.
Second, if some of the early projects valuation is not high, the founding team did not intend to do their own marketing, but to the completion of the research and development of products sold to large companies, is also a regular layout. They eventually developed products may have good value of mergers and acquisitions.
Third, I am more concerned with the ability to obtain a large number of healthy people or patients with structured data from the company's structured data in a relatively low cost. On the one hand, if the company has a wide range of medical institutions, scientific research institutions, the government to establish good relations of cooperation, the ability to have a very strong competitive. For example, the current master of China's large genes on the millions of genes related data is a very large resource treasure house.
On the other hand, if the venture company to open a new path, power with the help of the Internet, local access to C terminal of user data, will also have the opportunity, such as the U.S., 23andMe, through nearly 10 years of hard work currently have access to the millions of levels of genetic data. But everyone, please note that this process is also very difficult.
Fourth, due to the genetic data, health management is a huge amount of data, have the ability to make good use of such a large company's data also has relatively high investment value, such as plans to use artificial intelligence engine for data mining to analysis and carbon cloud intelligent. Another example is some very good gene analysis software platform.
Fifth, the gene industry segments are very many, can focus on a large enough market segments, in the depth of the field of mining, the establishment of trade barriers of enterprises, individuals are more optimistic. Such as pan, in the field of brain tumor has established deep barriers.
The sixth. At present, the precise medical system is still in its infancy, gene business company in the industry and medical institutions to provide infrastructure structures, powerful application tools, there will be more opportunities for development.
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