Novogenia GmbH

Last updated
Novogenia GmbH
IndustryHealthcare
Founded2009;15 years ago (2009)
FounderDaniel Wallerstorfer
Headquarters
Salzburg
,
Austria
Key people
Dr. Daniel Wallerstorfer (Founder & Chief Executive Officer), Michael Huttegger (Chief Operating Officer), Matthias Probst (Chief Financial Officer)
Number of employees
120 (2024)
Website novogenia.com

Novogenia GmbH is a biotechnology firm that provides medical and lifestyle genetic tests, blood analysis services, personalized nutrition supplements, and cosmetics. [1] [2] In 2022, it was fined together with the ministry of health of Austria for illegal government grants. [3] In 2021, Novogenia went public on the Munich stock exchange under its parent company Darwin AG. [4]

Contents

History

Novogenia GmbH was founded in 2009 in Salzburg, Austria. [5] The company shortly got a license from the Austrian government to conduct medical genetic testing and swiftly ventured into preventive genetic testing. [6] [7]

Novogenia's lab Labphoto-novoge352.jpg
Novogenia's lab

In 2012, Novogenia GmbH acquired Genosense Diagnostics, an Austrian competitor based in Vienna. [8] [9] In 2018, the company introduced Deep Genome AI, which uses artificial intelligence to interpret and store genetic research data, accelerating the development of gene-based products. [10] [11] In 2019, firm's operations expanded due to the COVID-19 crisis, [12] [13] emerging as Austria's largest COVID-19 laboratory, conducting up to 275,000 tests daily and producing millions of medical devices for sample collection. [14] [15] [16] [17]

On October 18, 2021, Novogenia founder Daniel Wallerstorfer was awarded "Entrepreneur of the Year" in the category of "Innovation & Hightech Rising Stars" in Salzburg. [18]

In December 2021, Novogenia GmbH underwent an Initial Public Offering (IPO) on the Munich stock exchange under DARWIN AG, a biotechnology group of companies. [19] [20]

Activities

Novogenia's laboratory conducts genetic and blood analyses, producing personalized reports from these assessments. The laboratory handles a peak load of 275,000 samples daily and has conducted over 35 million PCR analyses. [21] [22] [23] [24]

Also, the laboratory offers gene and allergy analyses, employing advanced analytical techniques like microfluidics and DNA microarrays. It captures up to 30 million genetic variations per sample and provides insights into nutrigenetics, performance enhancement, and skin genetics. [25]

Novogenia specializes in creating personalized food supplements through advanced blood and genetic analysis, tailoring blends of micronutrients to each customer's needs for optimized health support. [26] It's approach offers over 700 trillion possible formulations based on genetic analyses, employing a specialized algorithm to ensure personalized nutrient recipes within safety limits. [27]

Additionally, Novogenia engages in personalized cosmetic production, using genetic analysis to customize skincare products. [28]

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References

  1. ↑ Nachrichten, Salzburger (2020-11-26). "Salzburgs Labore stocken auf: Hundert Menschen eingestellt". Salzburger Nachrichten (in German). Retrieved 2024-04-26.
  2. ↑ Huber, Verena (2021-09-10). "Automaten mit gratis PCR-Test-Kits wurden leergeräumt". www.noen.at (in German). Retrieved 2024-04-26.
  3. ↑ "Bildungsministerium muss 350.000 Euro Strafe wegen Vergabe von Schultests zahlen". DER STANDARD (in Austrian German). Retrieved 2024-04-26.
  4. ↑ "Get the latest stock market insights on Markets Insider". markets.businessinsider.com. Retrieved 2024-04-26.
  5. ↑ "PCR-Test-System in Salzburg an der Belastungsgrenze". DER STANDARD (in Austrian German). Retrieved 2024-04-26.
  6. ↑ "DARWINs CEO". darwin-biotech.com. Retrieved 2024-05-29.
  7. ↑ "The Novogenia Group Austria". PharmaBoardroom. Retrieved 2024-05-29.
  8. ↑ "Predilife launches personalized breast cancer screening tech in Europe and the U.S." www.bioworld.com. Retrieved 2024-05-29.
  9. ↑ "Firma Novogenia: Millionenschwere Drehscheibe: Das Geschäft hinter dem PCR-Test". www.kleinezeitung.at (in German). 2021-11-20. Retrieved 2024-04-26.
  10. ↑ "Dr. Daniel Wallerstorfer - Global Shakers". globalshakers.com. 2019-05-27. Archived from the original on 2021-03-01. Retrieved 2024-05-29.
  11. ↑ "Brands & Companies". darwin-biotech.com. Retrieved 2024-05-29.
  12. ↑ "Firma Novogenia: Millionenschwere Drehscheibe: Das Geschäft hinter dem PCR-Test". www.kleinezeitung.at (in German). 2021-11-20. Retrieved 2024-05-29.
  13. ↑ "Neue Regel soll Auswertung von PCR-Gurgeltests beschleunigen". kurier.at (in German). 2021-11-20. Retrieved 2024-05-29.
  14. ↑ "Fighting Covid-19 as an economic boost". Innovation Salzburg. 2021-08-13. Retrieved 2024-05-29.
  15. ↑ Lagler, Claudia (2020-12-09). "Im Bauch des größten PCR-Labors". diepresse.com. Retrieved 2024-05-29.
  16. ↑ "Versicherer: DNA-Test und Speichelprobe für gesündere Ernährung". kurier.at (in German). 2019-05-23. Retrieved 2024-05-29.
  17. ↑ "Tests nun auch für die Gastronomie: Mobiler COVID Test Service weitet Angebot aus". Tourismuspresse (in German). Retrieved 2024-05-29.
  18. ↑ "DANIEL WALLERSTORFER IST PREISTRÄGER BEIM „ENTREPRENEUR OF THE YEAR" AWARD". Newsroom - movea marketing + kommunikation (in German). Retrieved 2024-07-01.
  19. ↑ "Rootine". radar.startupmontreal.com. Retrieved 2024-05-29.
  20. ↑ "Novogenia Holding AG - Forum - ARIVA.DE". www.ariva.de. Retrieved 2024-05-29.
  21. ↑ Breitfeld, Andreas (2022-12-25). Biohacking für Sportler: Mit Heliotherapie, Mikrostrom und anderen Hacks die beste Performance erreichen und schneller regenerieren (in German). Riva Verlag. ISBN   978-3-7453-1501-1.
  22. ↑ "Das lange Warten auf das Gurgeltestergebnis". DER STANDARD (in Austrian German). Retrieved 2024-04-26.
  23. ↑ "dm drogerie markt: Coronavirus-Test nun wieder online erhältlich". cash.at (in German). Retrieved 2024-05-29.
  24. ↑ "Das lukrative Geschäft mit den Corona-Tests". kurier.at (in German). 2022-02-15. Retrieved 2024-05-29.
  25. ↑ "Corona-Tests: Goldene Zeiten für Großlabore sind zu Ende". FAZ.NET (in German). 2022-02-20. Retrieved 2024-04-26.
  26. ↑ "Bei DM kann man Corona-Tests online kaufen". archiv.5min.at (in Austrian German). 2020-07-13. Retrieved 2024-07-01.
  27. ↑ Huber, Verena (2021-09-10). "Automaten mit gratis PCR-Test-Kits wurden leergeräumt". m.noen.at (in German). Retrieved 2024-07-01.
  28. ↑ GmbH, Avoxa-Mediengruppe Deutscher Apotheker. "Österreich: Coronavirus-Tests aus dem dm-Drogeriemarkt". Pharmazeutische Zeitung online (in German). Retrieved 2024-07-01.
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