Predictive Oncology and Cvergenx announce partnership to develop the first-ever genomics-based approach to precision radiation therapy and drug discovery using artificial intelligence
23 Febbraio 2023 - 2:30PM
Predictive Oncology Inc. (NASDAQ: POAI) and Cvergenx, Inc.
today announced an agreement to form a strategic partnership that
has the potential to revolutionize the field of radiation oncology
with the first-ever genomics-based artificial intelligence approach
to personalized radiotherapy and drug discovery.
The objective of this collaboration will be to leverage and
maximize the combined power of their respective proprietary
technologies and domain expertise for a common purpose. By applying
Predictive Oncology’s drug discovery, artificial intelligence and
machine learning capabilities (PEDAL), and the Cvergenx precision
genomics radiation therapy platform (pGRT™), the two companies will
pursue ways in which to optimize radiotherapy (RT) to improve
patient outcomes in a way that has never been done before.
“The central principle in precision medicine is that cancer
therapy should be tailored to the individual tumor biology. Even
so, radiation therapy, the most commonly utilized therapeutic agent
in clinical oncology, has yet to enter the era of precision
therapy,” said Raymond F. Vennare, Chief Executive Officer of
Predictive Oncology. “We believe that the next and most significant
paradigm shift in the field of radiation oncology will come from
exploiting tumor genomics to optimize RT prescription dose and to
identify drug targets for the development of radiosensitizers and
radioprotectors for biopharma and industry.”
By applying artificial intelligence and machine learning to
explore the possibility of personalizing and optimizing
radiotherapy prescription dose, combined with the discovery of
medicinal radiosensitizers and radioprotectors, this strategic
partnership may potentially lead to the repurposing of existing
compounds or the development of an entirely new class of drugs.
More than one million patients are treated with radiotherapy every
year in the US. If the overall survival of RT-treated patients is
improved by 4%, that would translate into 40,000 lives, almost
equivalent to eradicating breast cancer.
“Today, RT is prescribed based on a one-size fits all approach
where all tumors are treated with uniform doses of RT. pGRT
provides the first clinically validated approach to optimize RT
prescription dose for each individual patient,” explained Javier F.
Torres-Roca, MD, Co-founder and Acting Chief Executive Officer of
Cvergenx. “The pGRT platform has been shown to correctly identify
radiosensitizers and radioprotectors from large pharmacogenomic
screens. We believe this knowledge can improve the clinical outcome
of patients treated with radiotherapy.”
Dr. Torres-Roca is also Professor of Oncologic Sciences at
University of South Florida College of Medicine and Senior Member
in the Department of Radiation Oncology and Biomedical Informatics
at Moffitt Cancer Center, where pGRT is currently being evaluated
in a Phase 2 prospective clinical trial for triple negative breast
cancer (NCT05528133). Cvergenx is a spin-out of the Moffitt Cancer
Center.
About Predictive OncologyAs a science-driven
company on the leading edge of oncology drug discovery, Predictive
Oncology (NASDAQ: POAI) offers an unrivaled suite of solutions for
the biopharma industry. Through the integration of scientific rigor
and machine learning, the company has developed the ability to
advance molecules into medicine more confidently by introducing
human diversity earlier into the discovery process with the pairing
of artificial intelligence and the world’s largest privately held
biobank of over 150K tumor samples. Predictive Oncology’s solutions
additionally include tumor models, biologics development,
formulation design, a GMP facility, a CLIA laboratory and
substantial scientific domain expertise.
About Cvergenx Cvergenx, Inc. is a genomic
informatics company that provides decision-support to radiation
oncologists by developing and commercializing genomic technologies
to optimize and personalize radiotherapy prescription dose and the
identification of novel compounds that, in combination with
radiotherapy, may improve the clinical outcome of patients. The
company’s Precision Genomic Radiation Therapy platform (pGRT™) is a
clinically validated decision support tool and takes a
mathematical, rather than empirical, approach to the integration of
genomics into radiation treatment planning. Developed in
collaboration with the Moffitt Cancer Center, the company’s
patented Radiosensitivity Index (RSI) and Genomic Adjusted
Radiation Dose (GARD) provide the first opportunity to adapt
radiation treatment and dose to improve outcomes on a
patient-by-patient basis.
Public Relations Contact:Predictive
OncologyTheresa Ferguson(630)
566-2003tferguson@predictive-oncology.com
Investor Relations Contact:Landon Capital Keith
Pinder(404) 995-6671kpinder@landoncapital.net
Forward-Looking Statements:Certain matters
discussed in this release contain forward-looking statements. These
forward-looking statements reflect our current expectations and
projections about future events and are subject to substantial
risks, uncertainties and assumptions about our operations and the
investments we make. All statements, other than statements of
historical facts, included in this press release regarding our
collaboration with Cvergenx and the potential results therefrom
(including the potential impact on radiotherapy and drug discovery)
are forward-looking statements. Forward-looking statements also
include statements regarding our strategy, future operations,
future financial position, future revenue and financial
performance, projected costs, prospects, changes in management,
plans and objectives of management. The words “anticipate,”
“believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “would,”
“target” and similar expressions are intended to identify
forward-looking statements, although not all forward-looking
statements contain these identifying words. Our actual future
performance may materially differ from that contemplated by the
forward-looking statements as a result of a variety of factors
including, among other things, factors discussed under the heading
“Risk Factors” in our filings with the SEC. Except as
expressly required by law, the Company disclaims any intent or
obligation to update these forward-looking statements.
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