FAILDEX失樂園
中文

Bina Technologies

The business, the turning points, and the decisions behind them.

Founded2011
Event year2014
Some sections are still being researched2 / 4

Sections to complete:02 · 05

01 / WHAT IT BUILT

What the company did

Bina Technologies was a Redwood City genome-analysis company founded in 2011 by Narges Bani Asadi, then a Stanford Ph.D. student (it emerged from stealth in May 2012). It built a big-data platform for centralised management and processing of next-generation sequencing (NGS) data: the Bina Box offered fast secondary genomic analysis, alignment and variant calling, and the company later expanded into tertiary analysis and the Genomic Management Solution (Bina-GMS) used by clinical and translational researchers - including the US Department of Veterans Affairs' Million Veteran Program. On December 19, 2014 it was acquired by Roche for an undisclosed sum and integrated into Roche Sequencing, with Bani Asadi calling it 'the best outcome that could have happened for our company'.

02 / FAILURE REASONS

Pending assessment

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03 / EVENT HISTORY

Events in the structured record

  1. Founded

    Narges Bani Asadi founded Bina Technologies; it emerged from stealth in May 2012 with the Bina Box for fast genomic secondary analysis.

  2. Acquired by Roche

    On December 19, 2014 Roche acquired Bina Technologies for an undisclosed sum, integrating it into Roche Sequencing as the informatics piece of its genomics resurgence.

04 / CONTEMPORARY REBUILD ASSESSMENT

Difficulty of rebuilding this project today

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Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN / AFTERMATH

Pending assessment

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