NEW YORK (GenomeWeb) – Phenomix Sciences — an early-stage spinout of the Mayo Clinic focused on personalized treatments for chronic diseases — announced today that it is launching a $1 million seed financing round through a crowdfunding platform.
The privately held firm said it intends to use the financing to commercialize a new clinical test for obesity. The diagnostic uses technology developed by the Mayo Clinic to analyze metabolomic and DNA biomarkers to characterize obesity and guide more effective weight loss treatments.