SOPHiA GENETICS technology aids NOMAD Genetics in the advancement of its cancer research capabilities
BOSTON and LAUSANNE, Switzerland, June 15, 2023 – SOPHiA GENETICS (Nasdaq: SOPH), a cloud-native software company in the healthcare space and a leader in data-driven medicine, today announced a strategic alliance with NOMAD Genetics. Headquartered in Mexico City and Chile, NOMAD is an innovative laboratory renowned for its specialization in genomics and clinical research. Through the seamless deployment of SOPHiA GENETICS’ trailblazing SOPHiA DDM™ Platform, NOMAD Genetics is augmenting its research capabilities while elevating its operational efficiency.
The SOPHiA DDM™ Platform, known for its sophisticated analytical capacity, will equip NOMAD Genetics with the power to decipher intricate genetic data, thereby enabling more proficient and extensive genomic and clinical studies across the Latin American region. This collaboration marks an important leap forward in expanding the horizons of precision medicine, reinforcing SOPHiA GENETICS’ steadfast commitment to democratizing data-driven medicine.
“At NOMAD Genetics, we work to bring precision medicine to each patient through our state-of-the-art technology and specific genomic panels for each type of cancer,” said Guillermo Cordero, NOMAD Genetics CEO. “Here at NOMAD Genetics, we strive to revolutionize patient care by delivering personalized precision medicine. Utilizing our cutting-edge technology and bespoke genomic panels tailored to each unique cancer type, we endeavor to advance the boundaries of medicinal care.”
HRD is caused by a cell’s impaired ability to repair DNA double-stranded breaks through the homologous recombination repair (HRR) pathway and is linked with the development of certain cancers, including advanced ovarian cancer, as well as breast, prostate, and pancreatic cancers. For those diagnosed with these cancer types, HRD can be used as a potential predictive biomarker for therapy response.
Testing for HRD can produce a vast set of complex data that is both time-intensive and costly to analyze. With the SOPHiA GENETICS Platform, laboratories like NOMAD Genetics can quickly obtain interpreted results, creating increased efficiencies for clinical researchers. In addition, SOPHiA GENETICS allows NOMAD Genetics to retain full ownership of their data, saving time and expense, while offering comprehensive genomic insights powered by deep learning algorithms.
“Our products and solutions are designed to enable facilities like NOMAD Genetics to more easily advance precision-medicine,” said Ricardo Mendonca Filho, PhD, Managing Director, LAPAC, SOPHiA GENETICS. “By leveraging our technology, NOMAD Genetics can expedite their clinical research, enabling them to make informed, data-driven decisions for LATAM with greater efficiency.”
Through the implementation of the SOPHiA GENETICS Platform, NOMAD Genetics will be able to more quickly and accurately identify HRD-positive cancers and utilize a streamlined workflow that will help accelerate rare and inherited disease research.
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 and for life sciences research. It is the creator of the SOPHiA DDM™ Platform, a cloud-native platform capable of analyzing 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.
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 [email protected] to obtain the appropriate product information for your country of residence.
SOPHiA GENETICS Forward-Looking Statements:
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.