Draft:Novogenia

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Novogenia
IndustryHealthcare
Founded2009; 15 years ago (2009)
FounderDaniel Wallerstorfer
Headquarters
Salzburg
,
Austria
Number of employees
120 (2024)
Websitenovogenia.com

Novogenia 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]

History[edit]

Novogenia was founded in 2009 as a 20sqm laboratory by Wallerstorfer in Salzburg, Austria.[5] The company shortly obtained a license from the Austrian government to conduct medical genetic testing and swiftly ventured into preventive genetic testing.[6][7] In 2012, Novogenia acquired Genosense Diagnostics, an Austrian competitor based in Vienna.[8][9] By 2013, the company achieved profitability.[10]

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.[11][12] In 2019, Novogenia's operations expanded significantly due to the COVID-19 crisis,[13][14] emerging as Austria's largest COVID-19 laboratory, conducting up to 275,000 tests daily and producing millions of medical devices for sample collection.[15][16][17][18]

On October 18, 2021, Novogenia founder Daniel Wallerstorfer was awarded "Entrepreneur of the Year" in the category of "Innovation & Hightech Rising Stars" in Salzburg.[19]

In December 2021, Novogenia underwent an Initial Public Offering (IPO) on the Munich stock exchange under DARWIN AG, a biotechnology group of companies.[20][21]

Activities[edit]

Novogenia's laboratory conducts genetic and blood analyses, producing personalized reports from these assessments.[22][23] The laboratory handles a peak load of 275,000 samples daily and has conducted over 35 million PCR analyses.[24][25] Also, the laboratory offers gene and allergy analyses, employing advanced analytical techniques like microfluidics and DNA microarrays.[26] It captures up to 30 million genetic variations per sample and provides insights into nutrigenetics, performance enhancement, and skin genetics.[27]

References[edit]

  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 2024-04-22.
  7. ^ "The Novogenia Group Austria". PharmaBoardroom. Retrieved 2024-04-22.
  8. ^ "Predilife launches personalized breast cancer screening tech in Europe and the U.S." www.bioworld.com. Retrieved 2024-04-22.
  9. ^ "Firma Novogenia: Millionenschwere Drehscheibe: Das Geschäft hinter dem PCR-Test". www.kleinezeitung.at (in German). 2021-11-20. Retrieved 2024-04-26.
  10. ^ "Interview: Daniel Wallerstorfer – CEO and Founder, Novogenia, Austria". PharmaBoardroom. Retrieved 2024-04-22.
  11. ^ "Dr. Daniel Wallerstorfer - Global Shakers". globalshakers.com. 2019-05-27. Archived from the original on 2021-03-01. Retrieved 2024-04-22.
  12. ^ "Brands & Companies". darwin-biotech.com. Retrieved 2024-04-22.
  13. ^ "Firma Novogenia: Millionenschwere Drehscheibe: Das Geschäft hinter dem PCR-Test". www.kleinezeitung.at (in German). 2021-11-20. Retrieved 2024-04-22.
  14. ^ "Neue Regel soll Auswertung von PCR-Gurgeltests beschleunigen". kurier.at (in German). 2021-11-20. Retrieved 2024-04-22.
  15. ^ "Fighting Covid-19 as an economic boost". Innovation Salzburg. 2021-08-13. Retrieved 2024-04-22.
  16. ^ Lagler, Claudia (2020-12-09). "Im Bauch des größten PCR-Labors". diepresse.com. Retrieved 2024-04-22.
  17. ^ "Versicherer: DNA-Test und Speichelprobe für gesündere Ernährung". kurier.at (in German). 2019-05-23. Retrieved 2024-04-22.
  18. ^ "Tests nun auch für die Gastronomie: Mobiler COVID Test Service weitet Angebot aus". Tourismuspresse (in German). Retrieved 2024-04-22.
  19. ^ "DANIEL WALLERSTORFER IST PREISTRÄGER BEIM "ENTREPRENEUR OF THE YEAR" AWARD". presse.movea.at (in German). Retrieved 2024-04-22.
  20. ^ "Rootine". radar.startupmontreal.com. Retrieved 2024-04-22.
  21. ^ "Novogenia Holding AG - Forum - ARIVA.DE". www.ariva.de. Retrieved 2024-04-22.
  22. ^ 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.
  23. ^ "Das lange Warten auf das Gurgeltestergebnis". DER STANDARD (in Austrian German). Retrieved 2024-04-26.
  24. ^ "dm drogerie markt: Coronavirus-Test nun wieder online erhältlich". cash.at (in German). Retrieved 2024-04-22.
  25. ^ "Das lukrative Geschäft mit den Corona-Tests". kurier.at (in German). 2022-02-15. Retrieved 2024-04-22.
  26. ^ "Corona-Tests: Goldene Zeiten für Großlabore sind zu Ende". FAZ.NET (in German). 2022-02-20. Retrieved 2024-04-26.
  27. ^ "UNIQA bietet neue Lifestyle DNA-Analyse". OTS.at (in German). Retrieved 2024-04-22.

External links[edit]

Category:Austrian companies established in 2009 Category:Companies based in Salzburg Category:Medical technology companies of Austria

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