Get All Access for $5/mo

Gene Genius MedGenome conducts genetic tests for over a thousand clinicians and hospitals across India

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Shutterstock

Sam Santosh was running a listed global IT behemoth, California Software (Calsoft), which he founded in 1992, at the cusp of IT revolution in the world. But, he sensed losing his passion for IT and began to explore other possibilities. The success of Human Genome Project triggered an interest.

Sam recalls extensively reading on genome science for five years before quitting Calsoft and founding SciGenom in 2009. Under SciGenom, he incubated MedGenome, a genetic diagnostic and research firm, making precision medicine a reality in India.

MedGenome, with a centralized lab in Bengaluru, conducts genetic tests for over a thousand clinicians and hospitals across India. It has raised $55 million, employs 480 people and estimates to clock a turnover of $30 million for FY 19.

Its breakthroughs include inventing a test, Non Invasive Prenatal Testing (NIPT), which shows if a fetus is carrying genetic disorders by checking the mother's blood sample.

Sam is also making breakthroughs in mitigating cancer through gene- targeted therapeutic vaccines, as well as helping global pharmaceutical firms design new drugs to fight diseases like diabetes. He wants MedGenome to spread its genetic tests and centres to tier-2 and 3 cities.

News and Trends

"45% of All Ongoing Hydropower Projects in India are Ours": Patel Engineering

Patel Engineering reported a turnover of INR 4,400 crore in the last fiscal year, with a projected 10 per cent growth for the current year.

Side Hustle

'Hustling Every Day': These Friends Started a Side Hustle With $2,500 Each — It 'Snowballed' to Over $500,000 and Became a Multimillion-Dollar Brand

Paris Emily Nicholson and Saskia Teje Jenkins had a 2020 brainstorm session that led to a lucrative business.

Science & Technology

5 Rule-Bending AI Hacks to Make Your Mornings More Productive and Profitable

By 2025, AI will transform productivity by streamlining workflows and cutting costs. Major companies like Microsoft, Google, and OpenAI are leading the way, advancing AI into "Phase 3," where tools act as digital assistants. Discover 5 AI hacks to boost efficiency and redefine your daily routine.

Marketing

5 Critical Mistakes to Avoid When Giving a Presentation

Are you tired of enduring dull presentations? Over the years, I have compiled a list of common presentation mistakes and how to avoid them. Here are my top five tips.

Leadership

Should I Stay or Should I Go? 8 Key Points to Navigate the Founder's Dilemma

Here are eight key signs that help founders determine whether to persevere or let go.

Business News

Former Steve Jobs Intern Says This Is How He Would Have Approached AI

The former intern is now the CEO of AI and data company DataStax.