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  "documentTitle": "This startup claims it can dramatically speed up diagnoses of genetic diseases. Check out the 12-slide pitch deck Nostos Genomics used to raise $5.6 million.",
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  "authorName": "Nostos Genomics",
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      "text": "Pharma has invested billions into gene-related drug development\nWill drive adoption of genetic testing to ensure that enough people are identified\nGlobal orphan drug market will reach $242 billion by 2024",
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      "text": "Increasing government investment in research and development\nNHS has announced it will routinely offer whole genome sequencing (aiming for 500,000 whole genomes sequenced by 2024)\nOthers will follow (e.g. Emirati Genome Program was announced recently)",
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      "text": "There is already a wide use of diagnostic genetic testing\nPreventive testing is becoming widely adopted (e.g. prenatal screening programs)\nBy 2027, preventive and diagnostic genetic testing will surpass $32 billion, with a compound annual growth rate of 12.5%",
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      "text": "We have seen sharp decline in sequencing costs over the recent years\nThe cost per genome sequenced has been reduced from $3 billion to less than $1,000 in the past 15 years\nCovid pandemic has accelerated adoption of genetic testing",
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      "text": "market size: $32 billion",
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      "kind": "title",
      "text": "With our long-term strategy, we are tapping into the massively growing market for genetic testing",
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