WuXi NextCODE names top exec, scores $240 million in funding

Company will continue to push toward digitizing, managing and analyzing genomic big data.
By Bernie Monegain
03:45 PM

Fresh from a $240 million Series B funding announcement September 2, genetics company WuXi NextCODE, announced Wednesday that it tapped Rob Brainin for the position of executive vice president and chief operating officer.

To date, the company has raised $255 million.

Brainin joins WuXi from Illumina, where he was vice president and general manager of life sciences and applied genomics. 

[Also: Health IT venture funding soars to new highs in first half of 2017]

Brainin comes on board at a critical time for the company as it begins the next phase of growing its platform, Hannes Smarason, CEO of WuXi NextCODE, said in a statement.

Brainin has 15 years of experience leading the product development, market development and commercialization of life sciences and genomics technologies. At Illumina, he served as VP for the arrays business before becoming general manager of life sciences and applied genomics.

[Also: Health IT startups to watch in 2017: A running list]

Smarason added that WuXI would continue to push the leading edge of technology for digitizing, managing and analyzing genomic big data, including AI. As he sees it, only a platform with millions of genomes can provide the network effect and knowledge base that enables everyone to derive greater benefit.

WuXi NextCODE is using its funding to accelerate the extension of its platform infrastructure and to bring new users and data on board through precision medicine and diagnostics partnerships. It will also pay for the commercialization of its consumer solutions for the China market.

Twitter: @Bernie_HITN
Email the writer: bernie.monegain@himssmedia.com

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