- Genetic Technologies (NASDAQ:GENE) inks a non-binding term sheet with Project Shivom operator Omix Ventures Private Limited aimed at including GENE in creating the world's largest genetic database.
- GENE says it will be part of global network of laboratories that will potentially provide a new data monitoring and real-time risk assessment service, including the opportunity of to offer genetic counseling.
- Project Shivom is currently building a precision medicine ecosystem where people can get their genome sequenced and stored.
- Financial details are not provided.