Friday, January 20, 2012
“Everyone’s told me it’s the holy grail of prenatal testing,” said Winny Tan, an analyst at Mountain View-based Frost & Sullivan.
Now, the holy grail is here. A slew of companies, including some local ones, are beginning to commercialize their products and raise substantial amounts of funding to create simple blood tests to detect conditions such as Down syndrome. The tests could someday replace amniocentesis procedures, which carry a risk of miscarriage. It’s also creating a competitive space in a $1.3 billion prenatal testing market.