Genomics BPO firm Alterra to build sequencing facility

Alterra Capital Partners, a listed genomics business process outsourcing (BPO) firm, has announced plans to build Asia’s first and largest next-generation sequencing facility in the Philippines. The move is part of the company’s transition into becoming a genomics BPO hub, focused on wellness, education and healthcare. Alterra, a subsidiary of Philab Genomics, is engaged in research development through bio-informatics. In a disclosure to the Philippine Stock Exchange, Alterra said its new majority controlling owners, Genomics Inc and Hector Thomas Navasero, plan to transform the company into a BPO hub.