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BGI, Inc history
BGI, Inc company history timeline
The field of genomics has come a long way since the first draft sequence of the human genome—the complete list of the billions of chemical “letters” that make up our DNA—was unveiled in 2001.
In 2003, the Chinese Academy of Sciences founded the Beijing Institute of Genomics in cooperation with BGI, with Yang Huanming as its first director.
In 2007 they split from the Chinese Academy of Sciences, the state-controlled umbrella for high-level research, to create a private company focused on sequencing.
China has no equivalent to the 2008 Genetic Information Nondiscrimination Act, the United States law that bars insurers and employers from using DNA to make coverage or hiring decisions.
In 2008, BGI-Shenzhen was officially recognized as a non-profit organization by the Shenzhen government.
In 2011 it created the Cognitive Genomics Lab, assembling a multinational group of scientists to investigate the genetic basis of intelligence—a taboo question for many Western researchers.
In 2012 it offered $118 million to acquire Complete Genomics, an unprofitable sequencing-machine manufacturer in Silicon Valley.
Since 2012, it has started to commercialize its services, having investments from China Life Insurance Company, Citic's Goldstone Investment, Jack Ma's Yunfeng Capital, and SoftBank China Capital.
In 2015, they signed a collaboration with the Zhongshan Hospital' Center for Clinical Precision Medicine in Shanghai, opened in May 2015 with a budget of ¥100 million.
In May 2018, reached an agreement with Mount Sinai Hospital (Toronto), Canada, for first installation of BGISEQ platforms in North America.
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BGI, Inc may also be known as or be related to BGI, BGI Group and BGI, Inc.