Applied Proteomics, Co-Founded by Danny Hillis, Gets New CEO, $22.5M

superior diagnostics that can ‘listen to the conversation of the body.'”

Where genome sequencing provides detailed information about the genes that make up each individual, Blume and Klemm says proteomics (the study of proteins) takes molecular diagnostics to a new level by describing what the genes are actually doing. In his 2010 TedMed talk, Hillis compared genome sequencing to listing all the ingredients a particular restaurant could use to prepare meals. Quantifying the proteins helps to explain what’s actually happening in the kitchen—how the ingredients are being used and what meals are being made.

John Blume

While scientists have gotten very good at generating information about proteins, Blume says it was necessary to take a systems level approach to accurately measure all the proteins in a blood sample, and then use that data in a meaningful way. “Molecular medicine is now as much about information handling as it is about measurements,” he says.

In API’s statement, Agus says the company “has significantly advanced the technology to look at the whole proteome instead of a single protein biomarker and have a complete picture of a patient’s status to make the best healthcare decisions.”

API has been hiring since it moved to San Diego, and Klemm said he expects the company will reach 25 employees sometime later this year. They will be focused primarily on discovery and development work.

Klemm says he has extensive experience in developing markets for high-value diagnostic tests. Before joining Predictive Biosciences, Klem was the CEO of San Diego’s GeneOhm Sciences, which he joined in 2002. Becton Dickinson acquired GeneOhm in 2006 for roughly $255 million. Klemm also currently serves as chairman of Pathwork Diagnostics, a Redwood City, CA, company that specializes in cancer diagnostics.

Author: Bruce V. Bigelow

In Memoriam: Our dear friend Bruce V. Bigelow passed away on June 29, 2018. He was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Bruce Bigelow joined Xconomy from the business desk of the San Diego Union-Tribune. He was a member of the team of reporters who were awarded the 2006 Pulitzer Prize in National Reporting for uncovering bribes paid to San Diego Republican Rep. Randy “Duke” Cunningham in exchange for special legislation earmarks. He also shared a 2006 award for enterprise reporting from the Society of Business Editors and Writers for “In Harm’s Way,” an article about the extraordinary casualty rate among employees working in Iraq for San Diego’s Titan Corp. He has written extensively about the 2002 corporate accounting scandal at software goliath Peregrine Systems. He also was a Gerald Loeb Award finalist and National Headline Award winner for “The Toymaker,” a 14-part chronicle of a San Diego start-up company. He takes special satisfaction, though, that the series was included in the library for nonfiction narrative journalism at the Nieman Foundation for Journalism at Harvard University. Bigelow graduated from U.C. Berkeley in 1977 with a degree in English Literature and from the Columbia University Graduate School of Journalism in 1979. Before joining the Union-Tribune in 1990, he worked for the Associated Press in Los Angeles and The Kansas City Times.