Hi Evera, I’m curious about my medical privacy. How can you guarantee that through this service? Additionally, how do you plan on generating revenue? Through what kind of business model?
To ensure the confidentiality and privacy of your data and sample, we separate your personally identifiable information from sample information and simultaneously use multiple layers of encryption and cryptography. Your sample and associated data cannot be associated with you individually. Furthermore, our facility is monitored 24/7 with top of the line security measures. We believe that your sample is your property! We're working with one of the nation's most renowned biobanks that actually handles some of the NIH's samples as well!
In terms of revenue, the thing that sets us apart from companies like 23andMe or AncestryDNA is that we actually generate money through a D2C approach instead of having to rely on contracts from big pharma. Users pay an initial sample collection fee of 299 and then a yearly banking fee of 99. Notice that this is much less than traditional cord blood banks.
In terms of revenue, the thing that sets us apart from companies like 23andMe or AncestryDNA is that we actually generate money through a D2C approach instead of having to rely on contracts from big pharma. Users pay an initial sample collection fee of 299 and then a yearly banking fee of 99. Notice that this is much less than traditional cord blood banks.