Innovative Liquid Biopsy Diagnostic Partnership Announced
Innovative Collaboration in Liquid Biopsy
Myriad Genetics and SOPHiA GENETICS have joined forces to create an innovative liquid biopsy companion diagnostic (CDx) test aimed at revolutionizing precision medicine. This collaboration underscores their commitment to enhancing patient care through advanced technologies and methodologies.
Maximizing Global Reach
By combining Myriad's sophisticated laboratory capabilities with SOPHiA GENETICS' extensive network, which includes over 800 connected institutions across more than 70 countries, this partnership is poised to facilitate global testing for clinical trials. The united strengths of these companies allow for effective global deployment of their diagnostic tests, ensuring broader access to avant-garde genomic insights that can significantly alter patient outcomes.
Strategic Goals
Myriad Genetics, recognized for its leadership in molecular diagnostics, is committed to catering to healthcare providers throughout the cancer care continuum. Sam Raha, the President and CEO of Myriad Genetics, expressed confidence that this collaboration with SOPHiA will vitalize the development and commercialization of comprehensive CDx solutions. These efforts not only aim to enhance the Myriad product offering but also to support the growth of their CDx programs, ultimately impacting patient lives positively.
Groundbreaking Technology in Use
The focus of this partnership will initially be on the liquid biopsy application known as MSK-ACCESS®, enhanced by SOPHiA DDM™ technology. This state-of-the-art test, which has been developed in collaboration with Memorial Sloan Kettering Cancer Center, enables the detection of significant genomic alterations through a simple blood draw. Utilizing advanced algorithms, it effectively analyzes circulating tumor DNA (ctDNA), thereby enabling more patients to benefit from this high-quality tumor profiling test.
The collaboration sets out a path for Myriad to submit regulatory applications in the U.S. while SOPHiA GENETICS manages submissions in international markets. This hybrid approach is anticipated to offer critical access to regulated markets, thereby serving pharmaceutical partners more effectively.
A Transformative Moment for Oncology
Jurgi Camblong, Co-founder and CEO of SOPHiA GENETICS, described this collaboration as a transformative moment for the diagnostic industry. By uniting the expertise of a leading specialty lab with a global testing network, this partnership is not only expanding access to innovative oncology testing but also establishing a new hybrid model for companion diagnostics. Their joint efforts aim to serve both clinical and pharmaceutical partners while speeding up the adoption of liquid biopsy solutions in vital markets.
Future Developments and Announcements
The companies plan to share further developments regarding their collaboration at the World CB and CDx Summit. This announcement is highly anticipated as it will shed light on the progress of the partnership and the innovative solutions being developed.
About SOPHiA GENETICS
SOPHiA GENETICS is a pioneering, cloud-native healthcare technology firm, on a mission to democratize data-driven medicine. It utilizes AI to provide exceptional care to patients facing cancer and rare disorders worldwide. The company’s innovative SOPHiA DDM™ platform processes complex genomic data, generating real-time analytical insights for an extensive global network of medical and biopharmaceutical organizations.
About Myriad Genetics
Myriad Genetics stands as a prominent name in molecular diagnostic testing and precision medicine, dedicated to advancing overall health standards. Their molecular tests are crucial in evaluating disease risks, guiding treatment decisions across various medical fields, and significantly improving patient care while reducing healthcare expenses. Further information can be found at www.myriad.com.
Frequently Asked Questions
What is the aim of the collaboration between Myriad Genetics and SOPHiA GENETICS?
The collaboration aims to develop an innovative liquid biopsy companion diagnostic test to enhance precision medicine and improve patient outcomes.
What technology will be utilized in the new diagnostic test?
The test will employ MSK-ACCESS® technology powered by SOPHiA DDM™, which analyzes circulating tumor DNA from a single blood draw.
How does this partnership benefit patients?
This partnership will expand access to high-quality tumor profiling tests, potentially allowing more patients to benefit from precision oncology treatments.
What markets will the collaboration target?
The collaboration will focus on both U.S. and international markets, aiming to provide access to pharmaceutical partners in regulated markets globally.
Where can I find more information about SOPHiA GENETICS?
SOPHiA GENETICS can be explored further on their official website, which provides detailed insights into their innovative healthcare solutions.
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