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23andMe is getting serious about drug development - and it could signal a fresh approach to finding new medicines

5 monthes ago   |   By

Brad Barket/Getty
23andMe, a company known for its consumer genetics test, is also looking to develop new drugs.
The company raised $250 million on Tuesday, and the funding will in part go toward drug development.
While drug development and consumer genetics tests might seem like vastly different businesses, the link could be critical to finding new treatments for diseases.
23andMe is getting serious about drug development.
On Tuesday, 23andMe announced that it had raised $250 million valuing the company at a reported $1.5 billion , and said that that funding will in part go toward...
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Mercedes' new all-electric concept car shows just how serious the company is about taking on Tesla

Mercedes' new all-electric concept car shows just how serious the company is about taking on Tesla

5 monthes ago   |   By

Michael Probst/AP Mercedes-Benz is going all in on electric cars.
On Monday, Daimler, the automaker's parent company, said that Mercedes will sell electrified versions of all of its models by 2022 . And on Tuesday, the company showcased an all-electric concept car, dubbed the Mercedes Concept EQA, that hints at what its future electric compact cars might look like.
While the company didn't say whether the EQA would go into production, the company did make clear that the compact segment was important to it.
"The Mercedes-Benz Concept EQA proves that we are serious about introducing electric...
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Austin Dillon Wins The Daytona 500 After Spinning The Race Leader

Austin Dillon Wins The Daytona 500 After Spinning The Race Leader

The iconic No. 3 car won the Daytona 500 on Sunday, with 27-year-old Austin Dillon behind the wheel. Dillon was in second on the final lap, when leader Aric Almirola spun into... Read more ...

Hard Daytona 500 Wreck Knocks Danica Patrick Out Of Her Final NASCAR Race 

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The Daytona 500 Is Sold Out, But Only After The Track Removed Almost 50,000...

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Mark Wilson/Getty Images Republicans Ohio Gov. John Kasich, Rep. Carlos Curbelo, and Sen. James Lankford all voiced their support for gun legislation on the Sunday morning talk... Read more ...

Wall Street's favorite new thing to worry about may already be in the...

Wall Street's favorite new thing to worry about may already be in the rearview mirror

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A bronze medal winning athlete from Russia is suspected of failing a doping...

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Getty Images A 2018 Winter Olympics athlete has failed a doping test. The competitor is from the Olympic Athlete from Russia team and has been named by Russian sports newspaper... Read more ...

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