Genuity Science have been in the news in recent years due to consent controversies. Image: Noel Bennett via Alamy Stock Photo Genuity Science have been in the news in recent years due to consent controversies. Image: Noel Bennett via Alamy Stock Photo A MULTIMILLION GOVERNMENT investment has lost value in an acquisition deal announced yesterday.
Despite campaigning from researchers for a public genome project, the Ireland Strategic Investment Fund , which is managed by Government agency the National Treasury Management Agency , invested millions in Genuity Science. Following the acquisition, we asked ISIF how much profit or loss was made by the Irish State in this deal. The spokesperson said that they “do not disclose the value of private investments as this information is commercially sensitive”, but added:
It also found that hospital clinicians have become “agents of a company” due to the nature of agreements in place, according to experts and researchers are making “the best of the situation” in Ireland by working with the private sector but most would prefer a public system due to data access concerns.
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