These Companies Want You to Sell Your DNA on the Internet

  • Gizmodo | by: Kristen V. Brown |
  • 2018-01-18
These Companies Want You to Sell Your DNA on the Internet
“They’re taking new science, greed, consumer ignorance, and bitcoin mythology to take advantage of people,” said Petter Pitts, the president of the Center for Medicine in the Public Interest and a former FDA associate commissioner. “It’s very similar to people who say ‘Come to Mexico for a cancer cure.’”

In addition to all the usual risks of sharing your genetic information, he said, these marketplaces add a new concern.

“If your genetic data is valuable, should you have the opportunity to share in the profit? Absolutely yes,” Pitts said. “But all individual genetic makeup is not equally valuable from a monetary perspective. There’s the danger of people being confused as to what they have and being taken advantage of.”

 
Sign Up for Our Email Newsletter

RECENT NEWS

FDA Hears Concerns About The Unregulated CBD Market

FDA Hears Concerns About The Unregulated CBD Market

What most speakers agreed on: the need for federal CBD oversight for production quality, more testing and research and be...  Read more

Peter Pitts discusses New York lawsuit against Opioid manufacturer on i24NEWS
  • i24NEWS
  • 2019-04-01

Peter Pitts discusses New York lawsuit against Opioid manufacturer on i24NEWS

CMPI President Peter J. Pitts discusses the Opioid lawsuits...  Read more

HHS's ideas for rearranging Medicare would raise costs for seniors

HHS's ideas for rearranging Medicare would raise costs for seniors

This new arrangement would particularly hurt 25 percent of traditional Medicare enrollees who purchase supplemental "Medi...  Read more

DRUGWONKS BLOG