These Companies Want You to Sell Your DNA on the Internet

  • Gizmodo | by: Kristen V. Brown |
  • 01/18/2018 12:00 AM
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

New Report Demonstrates How Hospitals, Pharmacies & PBMs Exploit the Federal 340B Drug Program to the Harm of Disadvantaged Patients
  • CMPI
  • 09/09/2022 12:00 AM

New Report Demonstrates How Hospitals, Pharmacies & PBMs Exploit the Federal 340B Drug Program to the Harm of Disadvantaged Patients

Nation’s largest hospitals, pharmacy benefit managers (PBMs), and pharmacies abuse drug discount program to pocket saving...  Read more

Peter Pitts on CDC reorganization proposal

Peter Pitts on CDC reorganization proposal

Peter Pitts joins NEWSY to discuss proposed CDC changes...  Read more

Why the FTC is Investigating Pharmacy Benefit Managers

Why the FTC is Investigating Pharmacy Benefit Managers

In money matters, U.S. regulators are investigating claims by PBMs who say they save you money on prescriptions....  Read more

DRUGWONKS BLOG