Alibaba-backed genetic testing and digital health company Prenetics has acquired UK-based consumer genetic testing firm DNAFit, the latest in a series of Chinese investments in U.K healthcare assets. The acquisition will add a B2C channel to Prenetics, supplementing its current B2B product offerings. DNAFit has sales in around 40 countries with clients including LinkedIn, Talk Talk and Channel 4, according to an announcement. The expected annual market size for consumer genetic testing is estimated to grow to US$50 billion by 2026. Headquartered …

China’s Shopping Spree For UK Healthcare Assets Continues With DNAFit Deal appeared first on China Money Network.


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