New York, April 26, 2016 /GenomeWeb/ — Portable Genomics is preparing to launch a new consumer genomics mobile application and exploring an unusual business model that it believes will generate significant revenue but also let patients profit from the use of their datasets.
The San Diego-based company builds apps that help users collect and browse their genomic and other healthcare information on mobile devices like iPhones and iPads. Portable is currently beta testing a new app, internally called NuMe, that lets patients aggregate genotype and phenotype results as well as health and lifestyle information on mobile devices.
In addition, the company will broker revenue-sharing arrangements with for-profit and non-profit companies and research organizations who want access to app data for research studies. Prospective research clients will pay a prescribed fee for data from consenting app customers and Portable will split the check with the data contributors.
Uduak Grace Thomas,
April 26, 2016