Stefansson says this does not raise privacy concerns because Iceland's data privacy and ethics laws will only permit deCODE to "work on problems" for the companies. It will partner with drug companies instead of developing drugs on its own from its gene discoveries, Collier says. "The plan is to continue to lead the world when it comes to human genetics," says Stefansson. The new deCODE will still focus on human genetics, including selling diagnostic tests and a personal genome analysis service, deCODEme. The parent company is still selling off deCODE genetics Inc.'s drug discovery and development components, says Stefansson. The CEO of the new private company, called deCODE genetics ehf, is Earl "Duke" Collier, a former executive vice president at Genzyme Stefansson will be executive chairman and president of research. Saga's investors include two firms that invested in the original deCODE as well as Illumina, the sequencing machine company in San Diego, California.
Last week, a bankruptcy court in Delaware approved the sale of deCODE Inc.'s subsidiary Islensk Erfdagreining, which runs this biobank, to Saga Investments LLC. hasn't turned a profit, but it has made a scientific splash by finding disease risk markers using a genetic, medical, and genealogical database on 140,000 Icelanders. Over the past decade deCODE genetics Inc. deCODE's founder, neuroscientist Kari Stefansson, is staying on as co-leader. Today it reappeared as "the New deCODE," a renamed version of the previous deCODE's core business built on mining the DNA of Iceland's population for disease-causing genes. Use, I hereby agree to indemnify and hold harmless Gene (CoSensei) Decode, the Blessed for Service Health Coordinator team, Blessed for Service, all Blessed for Service Coordinators, and the person providing this information against any loss, liability, damage, cause of action, cost, or expense of any nature whatsoever, including without limitation reasonable attorney’s fees and other legal costs.DeCODE genetics, the Icelandic genomics company that declared bankruptcy in November, has made a comeback. Inconsideration of using any of the information, documents, recommendations regarding health or any and all other information for any personal and or animal or application or The content, information, videos, Podcasts and documents offered and made available via email or the Gene Decode or Blessed for Service website are for informational purposes only. The Gene Decode team et al including all supporting staff, Health coordinators, Blessed for service coordinators, Blessed for Service and the person providing this service disclaims any liability for incidental or consequential damages and assumes no liability or responsibility for any loss, injury or damage suffered by any person as a result of the use or misuse of any information/recommendations, videos, Podcasts, documents and all media made available to the public. These statements have not been evaluated by the FDA (in the USA).
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