Read The Times Australia

Daily Bulletin

SOPHiA GENETICS and Hitachi Announce Collaboration to Advance Data Driven Precision Medicine

  • Written by: PR Newswire Asia - Daily Bulletin Au RSS

Multi-year agreement to expand commercial footprint with world-leading genomics platform and develop R&D to unlock the potential of multimodal health data

BOSTON, LAUSANNE, Switzerland and TOKYO, March 25, 2021 /PRNewswire/ -- SOPHiA GENETICS SA ("SOPHiA GENETICS"), pioneer in Data-Driven Medicine, and Hitachi, Ltd. (TSE: 6501, "Hitachi") today announced they have entered into a long-term collaboration agreement to bring clinical, genomic and real-world insights to healthcare providers, pharmaceutical and biopharmaceutical companies and extend the democratization of Data-Driven Precision Medicine globally for the benefit of patients. Under this agreement, the two companies will advance data-driven precision medicine through global commercial expansion and development of Hitachi's digital healthcare solutions and the SOPHiA DDM™ Platform.

 

SOPHiA GENETICS and Hitachi Announce Collaboration to Advance Data Driven Precision Medicine SOPHiA GENETICS and Hitachi Announce Collaboration to Advance Data Driven Precision Medicine

 

SOPHiA GENETICS and Hitachi have identified multiple areas for potential collaboration including secure personal genomics data management, deployment of data and insights for better healthcare decisions and acceleration of drug development in oncology and other disease areas. Initially, the collaboration will focus on leveraging the genomics, clinical data analytics and AI expertise of both companies to expand the commercialization of the SOPHiA DDM™ Platform and Hitachi's digital healthcare solutions, like Hitachi's molecular tumor board support service, in key geographies. Over the long term, the two companies will also collaborate on R&D related new product development which is expected to lead to new joint offerings.

"SOPHiA GENETICS is a leader in precision medicine," said Keiji Kojima, Executive Vice President and Executive Officer, and General Manager of Smart Life Business Management Division of Hitachi, Ltd. "Hitachi is excited to start long term partnership with SOPHiA GENETICS to co-create innovative solutions for improving Quality of Life of patients by leveraging both companies' data analytics and AI technologies."

"At SOPHiA GENETICS, we are committed to improving patient outcomes through data driven medicine and we are excited to collaborate with Hitachi, a global leader in real-world evidence and multimodal clinical decision support, who shares these values," said Jurgi Camblong, CEO and Founder of SOPHiA GENETICS. "This partnership will enable us to broaden our commercial reach and support improved health outcomes for more patients."

Hitachi has been offering high value-added services, such as genomics, a medical and care data management platform and new services utilizing AI and analytics. Hitachi will broaden its healthcare business by leveraging its strengths of in-vitro diagnostics systems, particle therapy treatment systems and digital technologies, to contribute to the improvement of people's quality of life and the realization of a sustainable society.

The SOPHiA DDM™ Platform is a cloud-based software-as-a-service analytics platform that uses AI and machine learning to generate actionable insights for clinicians and researchers from complex multimodal datasets. These insights enable healthcare institutions to benefit from shared knowledge and, ultimately, improve diagnosis, treatment and drug development to drive better clinical and scientific outcomes.

About SOPHiA GENETICS

SOPHiA GENETICS is a health tech company democratizing Data-Driven Medicine to improve health outcomes and economics worldwide. By unlocking the power of new-generation health data for cancer and rare diseases management, the universal SOPHiA DDM Platform allows clinical researchers to act with precision and confidence. The company's innovative approach enables an ever-expanding community of over 1,000 institutions to benefit from knowledge sharing, fostering a new era in healthcare. SOPHiA GENETICS's achievement is recognized by the MIT Technology Review's "50 Smartest Companies."

More info: SOPHiAGENETICS.COM, follow @SOPHiAGENETICS on Twitter.

About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, is focused on its Social Innovation Business that combines information technology (IT), operational technology (OT) and products. The company's consolidated revenues for fiscal year 2019 (ended March 31, 2020) totaled 8,767.2 billion yen ($80.4 billion), and it employed approximately 301,000 people worldwide. Hitachi drives digital innovation across five sectors – Mobility, Smart Life, Industry, Energy and IT – through Lumada, Hitachi's advanced digital solutions, services, and technologies for turning data into insights to drive digital innovation. Its purpose is to deliver solutions that increase social, environmental and economic value for its customers. For more information on Hitachi, please visit the company's website at https://www.hitachi.com.

Photo - https://mma.prnasia.com/media2/1472932/sophia_genetics_hitachi.jpg?p=medium600

Authors: PR Newswire Asia - Daily Bulletin Au RSS

Read more https://www.prnasia.com/story/archive/3319268_AE19268_0

Business News

The strategic rise of Bali as Australia’s next essential healthcare support hub

As Australian healthcare providers grapple with unprecedented operational bottlenecks, a new nearshore model is quietly transforming patient care delivery. Forward-thinking organisations,  including...

Daily Bulletin - avatar Daily Bulletin

Cost Savings and Benefits of Using Used Pallets in Logistics

In today’s competitive logistics and supply chain industry, businesses are constantly looking for ways to reduce operational costs without compromising efficiency and reliability. One of the most prac...

Daily Bulletin - avatar Daily Bulletin

How Fulfilment Services in Australia Help Businesses Scale Efficiently

The growth of e-commerce and modern retail has transformed customer expectations. Consumers now expect fast shipping, accurate order processing, and seamless delivery experiences regardless of where...

Daily Bulletin - avatar Daily Bulletin

Practical Ways Australian Workplaces Can Reduce Operating Costs

Reducing business costs doesn’t always mean cutting staff, shrinking services or making the workplace feel bare-bones. In many cases, the smarter savings are hiding in everyday operations: the light...

Daily Bulletin - avatar Daily Bulletin

Executive Recruitment Solutions That Help Organisations Secure Exceptional Leaders

Leadership has a direct impact on organisational performance, employee engagement, strategic growth, and long-term success. Businesses operating in increasingly competitive environments require experi...

Daily Bulletin - avatar Daily Bulletin

Why A WooCommerce Website Designer Matters For Online Growth

Running an online store today requires more than simply listing products and waiting for customers to arrive. Businesses need a website that is fast, reliable, easy to navigate, and designed to suppor...

Daily Bulletin - avatar Daily Bulletin

Turning Your Empty Tables into Revenue

The rise of AI demand tools in hospitality, the EatClub–CommBank partnership, and seven trends reshaping Australian dining  A growing number of Australian venues are turning to AI-powered demand ma...

Daily Bulletin - avatar Daily Bulletin

High-Impact Dental Marketing Strategies That Are Driving Real Practice Growth Today

The landscape of dental practice growth in Australia has shifted dramatically over recent years. Standard, broad-spectrum advertising campaigns no longer yield the return on investment they once did. ...

Daily Bulletin - avatar Daily Bulletin

How Telematics Helps Australian Companies Improve Productivity

Operating a commercial fleet in Australia is a uniquely demanding endeavour. Between the sprawling urban sprawl of cities like Sydney and Melbourne and the immense, unforgiving stretches of the Outb...

Daily Bulletin - avatar Daily Bulletin

The Daily Magazine

Lighting Shop in Perth: How The Right Lighting Can Transform Your Home And Business

The right lighting can completely change the look, feel, and functionality of any space. Whether it ...

Traffic Light System Solutions For Safer And More Efficient Traffic Management

Modern cities and growing communities rely heavily on effective traffic management to ensure safety...

Gold Migration Lawyers in Liquidation: How the Closure Affects Your ART Appeal

If your appeal was with Gold Migration Lawyers, a recent change to how the Tribunal decides cases ...

The pressure cooker: life in urban Australia in 2026

Australian cities have always been demanding. Long commutes, rising housing costs, busy schedules a...

What Actually Makes a Good Criminal Lawyer in Melbourne

Most people only think about this question once. That is usually too late. Most people charged wi...

Why Working With A Chatswood Tutor Can Improve Academic Performance

Academic expectations continue increasing for students across primary school, high school, and senio...

Is It Worth Getting Solar Panels in Melbourne?

The real question is not whether solar works in Melbourne. It works. The question is what it is co...

How A Diploma Of Project Management Builds Practical Skills For Modern Work Environments

Developing the ability to plan, execute, and deliver outcomes efficiently is a key requirement in to...

How to Choose the Right Football for Every Level

Choosing a football may seem straightforward, but the right option depends on who will be using it a...