SAN FRANCISCO, Sept. 22, 2023 (Globe NEWSWIRE) — Precision well being-tech startup, Parallel is named leading 6 finalist, joining the top .2%, at TechCrunch Disrupt 2023’s Startup Battlefield 200, showcasing its ability to revolutionize health care, starting off with pores and skin health and fitness.
As pioneers of Microbiome Dermatology™, Parallel is revolutionizing health care, starting off with skin overall health. In the United States, Dermatologists are the #1 prescribers of antibiotics. Although antibiotics at this time engage in a crucial purpose in managing pores and skin problems, they also have downsides, which include absence of precision and personalization, as nicely as bacterial resistance. Parallel has designed a new solution in the variety of a topical serum utilizing their fundamental technology, phages, which are little microbes that selectively concentrate on and eradicate pathogenic micro organism whilst leaving valuable bacteria untouched.
“Unlike competitors in the sector who use 16S, we use a more state-of-the-art technology – total genome sequencing to see your entire microbial ecosystem of not only bacteria, but also viruses, fungi, mold, and mites. An interior spike lets us to be quantitative, and our proprietary bio-algorithms categorize your pores and skin microbiome,” reported Natalise Kalea Robinson, CEO and Co-Founder of Parallel, “Using our biobanks of about 10,000 bacterial, phage, and fungal strains, we produced eight Tailor made Active Phage Serums™ to optimize the exceptional skin microbiome for just about every pores and skin type. Now, we’re in pre-start and have above 6,000 men and women on our waitlist.”
Parallel’s revolutionary system is basic – exam, find out, repair service/optimize – all combined in its effortless to use Pores and skin Discovery Kit. By leveraging screening by using complete genome sequencing, robotics, automation and massive facts/ML/AI, Parallel is in a position to establish a consumer’s Pores and skin Microbiome Type™ and recommend a Personalized Energetic Phage Serum™ each containing a personalized phage elaborate that very best matches their skin wants.
When scaled beyond pores and skin to other therapeutics, Parallel’s individualized system tasks $5B revenue possible by 2030.
About Startup Battlefield
TechCrunch’s Startup Battlefield 200 has been termed “the term collection of startup competitions.” Startup Battlefield 200 showcases the leading 200 startups from all over the globe, throughout several industries. All 200 organizations go by way of training, have entry to masterclasses, personal receptions, communities and investor satisfy and greets. Businesses that launched on this phase consist of Vurb, Trello, Mint, Dropbox, Yammer, Tripit, Redbeacon, Qwiki, Getaround, and Soluto.
About TechCrunch Disrupt
TechCrunch Disrupt is the world’s main authority in debuting revolutionary startups, introducing match-switching systems, and speaking about what is top of brain for the tech industry’s critical innovators. This 12 months, Disrupt gathers the greatest and brightest business people, investors, hackers, and tech lovers almost and in-man or woman for interviews, demos, Startup Battlefield 200, networking, and extra.
About Parallel
Parallel is revolutionizing health care, starting off with skin overall health. Following sequencing countless numbers of skin samples, Parallel has determined eight unique Skin Microbiome Types™, each and every getting its possess pathogenic microorganisms and skin health variables. Using their biobanks of in excess of 10,000 bacterial, phage, and fungal strains, Parallel has designed 8 Custom Active Phage Serums™ to optimize the pores and skin microbiome by means of a customized precision phage elaborate.
Discover extra at https://www.parallelhealth.io/
Make contact with:
Cate Charney
[email protected]
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