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May 24, 2017

A big problem with genetic testing is figuring out what the results mean - start-up Genome Medical aims to help

  • Industry
  • Genetics/Genomics

CNBC – More than a dozen companies have sprouted up in recent years to sell thousands of genetic health tests, ranging from Google-backed 23andMe to Roche.

But the consumers who order the tests often face months-long waits to get an appointment with a genetics expert who can explain the results. That's because there are fewer than 5,000 genetic counselors in the United States, which falls far short of the demand. Given the lack of training programs, genetic experts predict that the supply won't reach an equilibrium until 2024.

So a group of health veterans is forming a new technology startup called Genome Medical to train genetic experts, and provide $149 video consultations to both doctors and patients.

Read more at CNBC.