EDX Medical and Texas-based Caris Life Sciences in collaboration

02 Sep, 2024
Tony Quested
Cambridge life science company EDX Medical Group plc, part of the Sir Chris Evans stable, has signed a distribution agreement with Caris Life Sciences® , a leading US-based nextgen AI TechBio and precision medicine company.
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EDX Medical founder, Professor Sir Chris Evans

EDX Medical and Caris will collaborate on a mutually exclusive basis in the UK and Nordic countries for a minimum of three years to distribute Caris’ portfolio of advanced and comprehensive molecular profiling services for clinical and research use.

Based at Cambridge Science Park, EDX develops innovative digital diagnostic products and services supporting personalised treatments for cancer, heart disease and infectious diseases.

Caris’ best-in-class molecular profiling, combined with proprietary artificial intelligence, enables physicians to make more precise and individualised cancer treatment decisions.

This profiling approach assesses DNA, RNA, and proteins, revealing a molecular blueprint that identifies treatment options specific to each patient’s cancer.

Caris has developed one of the world's largest and most informative platform for cancer analysis, featuring the most advanced tumour profiling available, including Whole Exome and Whole Transcriptome Sequencing across over 23,000 genes. By analysing biomarkers found in tumours, Caris helps healthcare providers make informed choices for personalised care.

Caris’ solid tumour and liquid (blood) biopsy molecular profiling services, as well as AI solutions, will be available exclusively via EDX Medical immediately in the UK, Sweden, Denmark, Norway and Finland, with additional regions and products to follow.

EDX founder, Professor Sir Chris Evans, said: “The signing of this agreement signifies a further major step forward in our strategy to provide clients with access to world-class diagnostic tools and services that can change the detection, treatment and outcome of illness for patients.

“The pace of scientific advancement is such that for a patient with cancer who may only be able to provide one sample and urgently needs to start optimal treatment, reviewing their whole exome and transcriptome rather than a smaller selection of genes limited by current knowledge is clearly the most robust clinical approach. We could not wish for a better partner in this field than Caris.”

CEO Dr Mike Hudson added: “EDX Medical and Caris are both pioneer companies unified by their focus on providing doctors with access to the best biological information possible from valuable human samples.

“We are proud to have been selected by Caris to play a key role in jointly bringing these incredibly useful cancer tumour profiling services to the UK and key areas of Europe.”

Dr David Spetzler, Caris Life Sciences President, commented: “Caris is pleased to partner with EDX Medical to distribute our molecular profiling services within the United Kingdom and Nordic countries.

“This collaboration aligns with Caris’ goal of enabling clinicians worldwide to make the best individualised treatment choices for their patients and ultimately helping to improve patient outcomes.”

EDX Medical is listed on the Apex Segment of the AQSE Growth Market. It operates its own facilities in Cambridge and Oxford and provides doctors, hospitals and insurers/payers with access to a portfolio of innovative clinical diagnostics products and services.

Headquartered in Texas, Caris also has offices in Phoenix, New York, Cambridge (MA), Tokyo, Japan and Basel, Switzerland.