Start-up Phase and Core Competency
Nuvelo was initially founded as Hyseq in August 1992 and based on DNA array technology. Hyseq’s genomic platform was used to develop gene based therapeutics and diagnostics. At the rate of more than 1,000,000 human DNA samples analyzed per month during 1997, Hyseq was a large partial human gene sequence database with over 5,000,000 sequences. The HyX platform had five core technologies:
- Labeled DNA probes
- DNA arrays of samples and probes
- Software-driven modules like Gene Discovery, HyGnostics and HyChip
- Industrial robots to screen DNA probes
- Bioinformatics software for information management
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