The GenePath Story
Established in 2008, GenePath Diagnostics is a next-generation diagnostics company that provides state-of-the-art in vitro diagnostic assays, test kits and techniques, including molecular diagnostics to the medical, healthcare and allied communities.
GenePath at a glance …
The company was established by Dr. Nikhil Phadke who comes from a family of doctors. All four of his grandparents, as well as his father, were doctors who trained abroad, came back to India and continued to work with the best. Nikhil’s own interests included medicine, pure sciences, engineering, and computer science. Molecular diagnostics was a true confluence of all these interests, leading to him completing a Ph.D. in Molecular, Cellular and Developmental Biology from the University of Michigan, Ann Arbor.
After graduate school, Nikhil got together with some of his colleagues who founded HandyLab. They built a revolutionary product; a low cost, point of care molecular diagnostics platform, which would take the test to the doctor’s office or to the patient rather than having the patient or the sample come to the lab. HandyLab had a very successful exit.
Nikhil came back to India and wanted to understand what the market here really needed. After talking to a lot of doctors and alliance partners who understood the capabilities of molecular diagnostics and had the need for it, GenePath Diagnostics was established as a service lab offering a huge portfolio of tests. GenePath’s molecular tests are more rapid compared to conventional microbiology and more sensitive than immunology based tests. For an increasing number of conditions, they are the only way to carry out a diagnosis. The company started with services for pediatric endocrinology, nephrology, hematology, hemato-oncology and later expanded to other areas as well.
In addition, Nikhil has put together a team of brilliant scientists and doctors who work in collaboration to give patients and referring doctors novel or custom solutions to diagnostic problems. The team members specialize in different areas of expertise, providing the depth and breadth of knowledge needed. GenePath’s reputation is based on making a difference by providing a unique perspective that is not otherwise accessible to the medical community. By 2018, GenePath had helped diagnose over 10,000 patients!
GenePath continues to evolve in pace with global developments in the field and has the ability to develop new tests where there is a need for scale at low price points. While GenePath’s goal is to build on its IP and continue to provide accessible and affordable high quality diagnostic services, GenePath would also like to be able to share its data with the scientific and medical community.
The way forward …
To take GenePath to the next level, the Company brought on board Dr. Nickhil Jakatdar as CEO, a Ph.D. from the University of California, Berkeley.
Based in California, Nickhil is a serial entrepreneur who has successfully generated over US$ 1.2 Bn in value for his stakeholders across several of his previous companies. He founded and ran various startups, such as Timbre Technologies (acquired by Tokyo Electron), Command CAD (acquired by Cadence Design Systems), Praesagus (acquired by Cadence Design Systems) and VuClip (acquired by PCCW).
Nickhil has to his credit 60 patents and more than 20 journal and conference papers. He was recently the recipient of the UC Berkeley Distinguished Alumni Award, the College of Engineering, Pune’s Lifetime Achievement Award. He serves on the Advisory Board of CITRIS (Center for Information Technology Research in the Interest of Society) in California and is a member of the Board of Directors of KPIT Technologies.