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Natera to Scale AI Foundation Models in Precision Medicine with NVIDIA
Businesswire· 2026-01-12 15:00
Core Insights - Natera, Inc. has announced a collaboration with NVIDIA to enhance its multimodal AI foundation model platform for precision medicine [1] - The partnership will leverage Natera's longitudinal and multi-time point in vivo datasets along with proprietary machine learning models [1] - NVIDIA will provide high-performance computing capabilities to support the development of Natera's applications in precision medicine [1]
Caris Life Sciences Announces Preliminary Fourth Quarter and Full Year 2025 Results
Prnewswire· 2026-01-12 13:30
Core Insights - Caris Life Sciences reported a full year revenue growth of approximately 94%, driven by strong performance in molecular profiling services [1][6] - The company completed approximately 199,300 clinical therapy selection cases in 2025, marking a 22% increase from the previous year [6] - Caris aims to establish a new standard in precision medicine through its comprehensive molecular profiling platform and advanced AI technologies [3][7] Financial Performance - For the full year 2025, total revenue reached approximately $800 million, with molecular profiling services contributing about $755 million [6] - The fourth quarter of 2025 saw total revenue of approximately $281 million, an increase of about 116% compared to the same period in 2024 [6] - As of December 31, 2025, the company reported cash, cash equivalents, restricted cash, and marketable securities of approximately $802 million, reflecting a net increase of about $43 million from September 30, 2025 [2] Business Development - The company is focused on expanding clinical adoption and advancing a differentiated pipeline in precision medicine [3] - Caris Life Sciences plans to report complete financial results for the fourth quarter and full year 2025 during its earnings call in late February 2026 [5] - The company has established a large-scale, multimodal clinico-genomic database to enhance its precision medicine diagnostic solutions [7]
Caris Life Sciences Partners with Everlywell to Launch Caris' Forthcoming MCED Assay, Caris Detect
Prnewswire· 2026-01-12 13:00
Core Insights - Caris Life Sciences has announced a partnership with Everlywell to launch Caris Detect, a Multi-Cancer Early Detection (MCED) blood-based screening assay utilizing whole genome sequencing (WGS) technology [1][2][3] Company Overview - Caris Life Sciences is a leading AI TechBio company focused on precision medicine, developing innovative solutions to transform healthcare through comprehensive molecular profiling and advanced AI technologies [4][5] - Everlywell is a digital health company that combines AI technology with human insight to provide personalized health answers, having delivered nearly 1 billion health insights and transformed care for 60 million people [6] Partnership Details - The partnership aims to enhance access to Caris Detect testing, which is designed to identify multiple cancer types at early stages, ultimately supporting better patient outcomes [3] - Caris expects to launch the Caris Detect assay in the first half of 2026, leveraging Everlywell's consumer-focused platform and established infrastructure [3]
Alamar Biosciences annonce la clôture d'un financement par billets convertibles sursouscrits et l'élargissement de l'équipe de direction
Prnewswire· 2026-01-11 23:56
T. Rowe Price Investment Management, Inc. et Braidwell LP sont de nouveaux investisseurs. Stephen Williams, MD, Ph.D., devient directeur scientifique. Alamar a également annoncé des ajouts importants à son équipe de direction et à son conseil d'administration afin de soutenir la croissance continue de l'entreprise et son engagement en faveur de l'excellence opérationnelle. Rebecca Chambers et Frank Witney, Ph.D., nommés au conseil d'administration FREMONT, Calif., 12 janvier 2026 /PRNewswire/ -- Alamar Bios ...
Tempus Achieves Record Total Contract Value Exceeding $1.1 Billion
Businesswire· 2026-01-11 22:30
Core Insights - Tempus AI, Inc. has achieved a record Total Contract Value (TCV) exceeding $1.1 billion as of December 31, 2025 [1] - The company signed data agreements with over 70 customers in 2025, including major pharmaceutical companies [1] Company Overview - Tempus AI, Inc. is a technology company focused on advancing precision medicine through the adoption of artificial intelligence [1] - The company operates in the healthcare technology sector, specifically targeting the pharmaceutical industry [1] Customer Engagement - The customer base includes both large and mid-sized pharmaceutical companies such as AstraZeneca, GlaxoSmithKline, Bristol Myers Squibb, Pfizer, Novartis, Merck, Abbvie, Daiichi Sankyo, Eli Lilly, and Boehringer Ingelheim [1] - The agreements signed in 2025 reflect a strong demand for Tempus's AI-driven solutions in the pharmaceutical sector [1]
Tempus Announces Preliminary Fourth Quarter and Full Year 2025 Results
Businesswire· 2026-01-11 22:00
"2025 was an exceptional year for Tempus with the strength of both of our product lines exceeding our initial expectations for the year,†said Eric Lefkofsky, Founder and CEO of Tempus. "Within Diagnostics, year- over-year volume growth of our genomics (oncology) offering accelerated for the third consecutive quarter hitting the highest unit growth rate we have seen in years. Our Data and Application business is performing even better with record revenue of ~$100 million in the fourth quarter, achieving full ...
IDEAYA Biosciences Provides a Business Update and Outlines 2026 Corporate Objectives at the 44th Annual J.P. Morgan Healthcare Conference
Prnewswire· 2026-01-11 17:00
Core Insights - IDEAYA Biosciences, Inc. is focused on advancing its oncology pipeline and achieving key corporate objectives in 2026, with a significant emphasis on darovasertib for uveal melanoma and other cancer indications [1][2] Corporate Objectives for 2026 - The company plans to advance four registrational trials, including darovasertib in both pre-metastatic and metastatic settings of uveal melanoma, which is critical for improving patient outcomes in this high-unmet-need area [2][3] - Topline results from the OptimUM-02 trial, which involves a combination of darovasertib and crizotinib in HLA*A2-negative metastatic uveal melanoma patients, are expected in Q1 2026, potentially leading to an accelerated approval filing in the U.S. [3] - Three randomized Phase 3 registrational trials for darovasertib across all stages of uveal melanoma are anticipated to be initiated by H1 2026 [3] - The company aims to initiate a registrational study for IDE849 in the second line/refractory setting of small cell lung cancer by the end of 2026 [3] Pipeline and Clinical Trials - IDEAYA's pipeline includes multiple candidates targeting various cancers, with specific trials planned for IDE034, IDE161, IDE397, and IDE892, among others, throughout 2026 [3][4] - The company has a strong cash position of approximately $1.1 billion as of September 30, 2025, which is expected to fund operations into 2030 [8] Strategic Focus - IDEAYA is committed to precision medicine and aims to develop transformative therapies for cancer, leveraging its expertise in drug discovery and biomarker validation [5]
iBio Announces $26 Million Private Placement
Globenewswire· 2026-01-09 12:00
Core Viewpoint - iBio, Inc. has announced a private placement financing expected to generate approximately $26 million in gross proceeds to advance its preclinical programs and extend its cash runway into 2028 [1][3]. Group 1: Financing Details - The private placement financing is led by Frazier Life Sciences and includes participation from existing healthcare-focused institutional investors [2]. - iBio is selling 11,061,738 shares of common stock at a purchase price of $2.35 per share, with the offering expected to close around January 13, 2026 [4]. - The financing will provide funds to support the development of preclinical cardiometabolic programs, including IBIO-610 and IBIO-600, and other pipeline assets [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to advance key development milestones in preclinical programs and to fund working capital requirements [3]. - The financing is expected to extend iBio's cash runway into calendar 2028, allowing for continued development of its biopharmaceutical pipeline [3]. Group 3: Company Overview - iBio, Inc. is a biotech company utilizing AI and advanced computational biology to develop biopharmaceuticals for various diseases, including cardiometabolic diseases and cancer [7]. - The company aims to transform drug discovery and accelerate development timelines through innovative drug discovery platforms [7].
Illumina Appoints Dr. Eric Green as Chief Medical Officer
Prnewswire· 2026-01-08 21:30
Core Insights - Illumina has appointed Eric D. Green, M.D., Ph.D., as Chief Medical Officer, effective February 2, to enhance its global medical strategy and advance the clinical use of genomics [1][2][3] Company Leadership Changes - Eric D. Green will join Illumina's Executive Leadership Team, focusing on expanding access to precision medicine and increasing the diversity of genomics data [2][3] - The company announced the departure of Chief Commercial Officer Everett Cunningham, who will become CEO of a life science tools company, with CEO Jacob Thaysen acting as interim CCO until a successor is named [5][6] Strategic Vision - Dr. Green is recognized as a leading figure in genomics, having previously served as the Director of the National Human Genome Research Institute, where he played a significant role in integrating genomics into modern medicine [3][4] - Illumina aims to leverage Dr. Green's expertise to enhance its impact on human health through genomics and to shape the future of genomic medicine [4][3] Upcoming Events - Illumina will participate in the J.P. Morgan Healthcare Conference, with CEO Jacob Thaysen scheduled to speak on January 13 at 7:30 AM Pacific Time [7]
BAMF Health and Henry Ford Health Partner to Establish Comprehensive Theranostics Center in Detroit
Globenewswire· 2026-01-08 15:41
Core Insights - BAMF Health and Henry Ford Health have formed a strategic partnership to create a Comprehensive Theranostics Center in downtown Detroit, enhancing patient access to precision medicine and positioning Detroit as a hub for innovation [1][2][3] Group 1: Partnership Overview - The partnership combines BAMF Health's expertise in Theranostics with Henry Ford Health's legacy of clinical excellence, aiming to provide advanced molecular imaging, radiopharmaceutical therapy, and research capabilities [2][5] - The new center will be BAMF Health's second Comprehensive Theranostics Center, following the successful launch of its flagship center in Grand Rapids in 2022 [3] Group 2: Facility Details - The 45,000-square-foot facility will include a molecular imaging clinic, a molecular therapy clinic, and a commercial radiopharmacy, supporting both patient care and clinical research [4] - As anchor tenants, BAMF Health and Henry Ford Health are expected to drive economic growth, attract investment, and enhance medical tourism in Michigan [4] Group 3: Strategic Goals - The partnership aims to make precision medicine more affordable and accessible, with a focus on transforming the detection, treatment, and management of complex diseases [3][5] - BAMF Health's national growth strategy is exemplified through this collaboration, ensuring that patients have access to world-class precision medicine close to home [6] Group 4: Company Backgrounds - BAMF Health is recognized as the world's first vertically integrated platform for intelligence-based precision medicine, focusing on advanced theranostic imaging technology for cancer detection and treatment [7] - Henry Ford Health operates over 550 sites across Michigan and employs more than 50,000 team members, providing a wide range of healthcare services and committing over $780 million annually to uncompensated care and community benefit programs [8]