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Healthtech

Nigerian court stops 54gene asset sale as founder accuses investors of collapse

Once a biotech star, 54gene is now stuck in court over who controls its most valuable asset, the DNA of 100,000 Nigerians.

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54gene appoints new CEO, plans to raise additional funding

African genomics company, 54gene has appointed Ron Chiarello as its new CEO. Amidst a $100 million valuation slash and job cuts, the company wants to raise additional capital.

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54gene CEO resigns, Teresia Bost to serve as interim CEO

Dr. Abasi Ene-Obong, 54gene's co-founder and CEO has resigned for undisclosed reasons. The company's General Counselor, Teresia Bost has been appointed as interim CEO.

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54gene to advance genomics research in Africa, awards $64,000 scholarship to 4 Africans

54gene has awarded scholarships to four African PhD candidates to advance genomics research on the continent.

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54gene unveils world-class scientific research laboratory in Lagos State, Nigeria

54gene has unveiled its new lab in Lagos State, Nigeria, capable of human whole-genome sequencing and a variety of other scientific investigations.

Spotlight

Highlight of fundraises by Nigerian tech startups in 2020

In this article, we look at how much funding Nigerian startups have received in 2020 and where the money went.

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54gene closes $15 million Series A, sets up Scientific Advisory Board

54gene close s $15 million Series A, sets up a Scientific Advisory Board. In less than two years, 54gene has raised $19.5 million.

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