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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.
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.
54gene has awarded scholarships to four African PhD candidates to advance genomics research on the continent.
54gene has unveiled its new lab in Lagos State, Nigeria, capable of human whole-genome sequencing and a variety of other scientific investigations.
In this article, we look at how much funding Nigerian startups have received in 2020 and where the money went.
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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