February 9, 2024, Bengaluru: Karkinos Healthcare and SOPHiA GENETICS (Nasdaq: SOPH) formalised their strategic alliance with the signing of a Memorandum of Understanding (MOU) aimed at transforming the landscape of cancer diagnosis and treatment in India. The partnership will see the two organisations in healthcare and genomics working together to bring revolutionary genomic solutions and data-driven medicine to the forefront of oncology care, particularly focusing on making personalized cancer treatment more accessible.
On this partnership, Dr. Jurgi Camblong, CEO and Co-founder, SOPHiA GENETICS said, “Our collaboration with Karkinos is a monumental occasion that brings together two organizations dedicated to democratizing advanced access to underserved communities. We aim to improve health outcomes for patients by equipping local health organizations with the technology needed to make data-driven decisions.”
Dr. R Venkataramanan, Founder and CEO, Karkinos Healthcare added, "Our alliance with SOPHiA GENETICS is a significant step forward in our mission to democratize advanced cancer care. Through this partnership, we will harness the power of genomics to improve diagnosis, treatment, and management of cancer, especially for the underprivileged and underserved populations in India."
The partnership will utilize the SOPHiA DDM™ Platform's capabilities in analysing genomic variants and leveraging artificial intelligence and machine learning algorithms to address rare and complex cancer cases. This will accelerate research and improve the workflow for diagnosing a wide range of cancers, including myeloid cancer, lymphoma, and solid tumors like ovarian, prostate, breast, and lung cancers, among others.
About Karkinos Healthcare
Karkinos Healthcare is a purpose driven technology-led oncology health care platform for early detection and diagnosis of common cancers. The organisation espouses use of a distributed cancer care network, while working with a network of healthcare institutions and domain experts within the ecosystem, with an aim to provide comprehensive cancer care closer to individuals’ homes.
Tata Group, Reliance Industries, Mayo Clinic, and Rakuten Medical Inc. are among the World’s leading organizations that have invested in Karkinos Healthcare. The company has also partnered with Tata Memorial Hospital, Guys and St Thomas NHS Foundation Trust (UK), and has inked several research collaborations with leading academic institutions in the United States to stay on the cutting edge of oncology treatment and care. To learn more, visit https://www.karkinos.in/about-us/
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About SOPHiA GENETICS
SOPHiA GENETICS (Nasdaq: SOPH) is a software company dedicated to establishing the practice of data-driven medicine as the standard of care for life sciences research. It is the creator of the SOPHiA DDM™ Platform, a cloud-native platform capable of analysing data and generating insights from complex multimodal data sets and different diagnostic modalities. The SOPHiA DDM™ Platform and related solutions, products and services are currently used by a broad network of hospital, laboratory, and biopharma institutions globally. For more information, visit SOPHiAGENETICS.COM, or connect on Twitter, LinkedIn, Facebook, and Instagram. Where others see data, we see answers.
Product Disclaimer
SOPHiA GENETICS products are for Research Use Only and not for use in diagnostic procedures, unless specified otherwise. The information in this press release is about products that may or may not be available in different countries and, if applicable, may or may not have received approval or market clearance by a governmental regulatory body for different indications for use. Please contact support@sophiagenetics.com to obtain the appropriate product information for your country of residence.
SOPHiA GENETICS: Forward-Looking Statement
This press release contains statements that constitute forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy, products, and technology, as well as plans and objectives of management for future operations, are forward-looking statements. Forward-looking statements are based on our management’s beliefs and assumptions and on information currently available to our management. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors, including those described in our filings with the U.S. Securities and Exchange Commission. No assurance can be given that such future results will be achieved. Such forward-looking statements contained in this press release speak only as of the date hereof. We expressly disclaim any obligation or undertaking to update these forward-looking statements contained in this press release to reflect any change in our expectations or any change in events, conditions, or circumstances on which such statements are based, unless required to do so by applicable law. No representations or warranties (expressed or implied) are made about the accuracy of any such forward-looking statements.
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