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STC’s Newest Start-up Formed Around Genetic Testing Technology

Albuquerque, NM – October 16, 2014 Local start-up company ElectroSeq, spun out from technology developed at the University of New Mexico, is looking to develop genetic testing that will be significantly cheaper, more accurate and faster than any technology currently on the market. The technology was developed by Dr. Jeremy Edwards from the Departments of Molecular Genetics & Microbiology and Chemical & Nuclear Engineering and Dr. Payman Zarkesh-Ha from the Department of Electrical & Computer Engineering. The invention is a next generation massively parallel DNA sequencing platform based on a patented sensor design. The company’s mission is to make sequencing of human genomes a routine practice in medicine. The company’s new Founder & CEO, Dr. Paul Szauter, is a geneticist and former researcher and teacher at UNM. See Dan Mayfield’s October 14th article, “Former UNM Professor Joins Startup’s Quest for $100 Genome Sequencer,” from Albuquerque Business First, at http://www.bizjournals.com/albuquerque/news/2014/10/14/unm-professor-latest-to-join-startups-quest-for.html and local television station KOAT’s Oct. 16th interview at http://www.koat.com/news/genome-sequencing-for-100-bucks/29182122?.

For more information, contact:

Denise Bissell
(505) 272-7310