An ambitious unicorn hopes to up-end DNA analysis

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An ambitious unicorn hopes to up-end DNA analysis
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Nanopore sequencing can cut the cost of gene analysis and reduce the time involved from days to hours or even minutes

. Each has a different shape, and partially blocks the pore in a different way. That causes different fluctuations in the current, allowing the sequence of bases to be read.

The idea of nanopore sequencing dates back to 1990s, says Dr Sanghera. But commercialising it has taken many years. One trick is to ensuremolecules move through pores at a predictable speed—and never go backwards—something the firm has solved with a specially designed molecular ratchet. Integrating the biological bits of the technology with the silicon ones has been tricky. And a pore does not, by itself, sense individual bases, but combinations of them.

Nanopore sequencing offers several advantages over other approaches. Its compactness is one. Oxford Nanopore’s smallest product, the, is the size of a chunky mobile phone. Existing sequencers resemble fridge-freezers or microwave ovens. The’s minuteness permits field analyses, with no need to send samples off to a distant laboratory. It has been used everywhere from Norwegian glaciers to Welsh coal mines to the International Space Station.

But, says Mr Roberts, as with computers, better technology may create new uses, making the market bigger. Cheap, real-time gene sequencing could boost everything from cancer treatment to environmental modelling to disease surveillance . The firm’s choice to list in London rather than America goes against conventional wisdom, which holds that America offers savvier investors who are more prepared to tolerate losses today for the prospect of a big payout tomorrow. And it hopes, for now, to stay British. Its shareholding structure gives Dr Sanghera the ability to block unwelcome takeovers. Mr Roberts points to the example of Solexa, a British firm bought by Illumina in 2006 for $600m.

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