Home research company CATALYZE DALLAS LAUNCHES ALMADEN GENOMICS, ENTERING THE RACE TO ADVANCE THE PACE OF GENOMIC RESEARCH

CATALYZE DALLAS LAUNCHES ALMADEN GENOMICS, ENTERING THE RACE TO ADVANCE THE PACE OF GENOMIC RESEARCH

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DALLAS, October 25, 2022 /PRNewswire/ — Catalyze Dallas Holdings today announces the launch of another portfolio company, Almaden Genomics, which accelerates genomics research and discovery through simplified bioinformatics. Almaden is the latest in a series of commercialization efforts from Catalyze to accelerate Fortune 100 technologies to market.

“The global genomics market is expected to reach nearly $129 billion by 2030, fueled by lower genetic sequencing costs and demand for personalized medicine. We are uniquely positioned to leverage our agility in bringing promising innovations to market in this dynamic market space,” said Tricia D’Cruz, co-founder and CEO of Catalyse Dallas. “Almaden is another example of how our proven model helps innovators capitalize on their R&D investment, which we do through a combination of entrepreneurial know-how and access to capital, which accelerates time to market. the market. »

Since today’s launch, Almaden Genomics has already invested tens of millions in a cloud-native platform designed to streamline genomics workflows and accelerate genomics discovery, and has validated the technology through successful pilots. The original team of bioinformaticians, engineers, and industry professionals will continue their work in the independent company under the Catalyst Dallas umbrella.

Catalyze launches scalable companies that accelerate the commercialization of intellectual property from the world’s most innovative global companies, unlocking the full value and potential of their investments in technology. Partnering with more than a dozen of the industry’s most respected leaders, Catalyze evaluates hundreds of technology assets and business units each year, selecting the most promising for spin-off, such as Almaden Genomics. More than a dozen Fortune 100 customers have partnered with Catalyze Dallas to assess, develop, and build scalable, self-driving businesses to bring their technologies to market.

Catalyze has already launched two successful businesses: Alpine Advanced Materials, which provides custom-designed high-performance lightweight parts to the aerospace, defense, commercial space and industrial sectors; and Metro Aerospace, a leader in providing certified 3D printed components to the aerospace industry, reducing carbon emissions using drag reduction technology licensed from the defense industry.

About Catalyze Dallas

Catalyze Dallas launches scalable companies that accelerate the commercialization of intellectual property from the world’s most innovative global companies, monetizing significant investments in innovation. Partnering with more than a dozen of the industry’s most respected leaders, Catalyze evaluates hundreds of technology assets and business units each year, selecting only the most promising to turn into entrepreneurial portfolio companies. Catalyze offers investors founder ownership in the portfolio, a very low-risk and well-priced investment model compared to traditional venture capital and private equity. For more information, visit www.catalysedallas.com.

Media Contact: Ariel Herr469.235.2708, [email protected]

SOURCE Catalyze Dallas