Genomics Startup OneCell Expands to U.S. with $16M Funding, Aims to Transform Cancer Recurrence Detection

November 21, 2024
Genomics Startup OneCell Expands to U.S. with $16M Funding, Aims to Transform Cancer Recurrence Detection
  • OneCell Diagnostics, a genomics-based startup founded in 2021, focuses on precision oncology with the goal of helping cancer survivors reduce recurrence through its innovative cell biopsy technology.

  • Having served nearly 10,000 patients in India, OneCell plans to replicate its successful model in the U.S. market.

  • The startup's early presence in India has enabled it to gather substantial data by partnering with leading hospitals, including the All India Institute of Medical Sciences and Apollo Hospital.

  • Recently, OneCell raised $16 million in an oversubscribed Series A funding round led by Celesta Capital, with participation from Tenacity Ventures and the addition of Nobel Laureate James Rothman to its board.

  • OneCell has secured intellectual property rights to isolate circulating tumor cells from a 10 ml blood draw, which is collected at patients' homes by a phlebotomist and analyzed using a method called True-Single-Cell-Multi-omics.

  • This blood-based biopsy testing method detects cancer recurrence by analyzing circulating tumor cells, providing significantly more diagnostic information compared to traditional methods like PET scans and MRIs.

  • OneCell offers pan-cancer analysis for all solid tumors but does not cater to first-time cancer patients due to regulatory constraints in the U.S.

  • The company competes with established firms like Guardant Health and Natera, claiming its precision and affordability set it apart, offering tests at one-fifth the price of its competitors.

  • To assist oncologists in interpreting test reports, OneCell has developed an app named iCare, which utilizes AI and machine learning to address gaps in precision oncology training.

  • The recent funding will support OneCell's expansion into the U.S. and further scaling in India, with aspirations to reach over 1,000 oncologists and one million patients.

  • Currently, there are 53.5 million cancer survivors globally, with recurrence rates varying from 15% to 100% based on cancer type and individual circumstances.

  • In the U.S., companies like OneCell face stricter pre-market approval requirements, while India’s regulatory environment has allowed for a more focused approach on recurrence patients.

Summary based on 2 sources


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