Personalized Medicine and Diagnostics: an Obama Effect?

President-elect Barack Obama introduced and aggressively pushed legislation, while still a senator, to increase funding in genetics and genetics-based diagnostics.  If this area becomes a healthcare reform priority – and there is evidence it will -it could be a boon for public and pre-public genetics and diagnostics companies that a furthering the concepts and tools involved with personalized medicine.  A sample of those companies includes Clarient Inc. (Nasdaq:CLRT) www.clarientinc.com, GeneNews Limited (TSX: GEN) www.genenews.com , and AutoGenomics, Inc. (Filed for IPO – Fall ’08) www.autogenomics.com.

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