Molecular Profiling Institute, IBM partner on genomics project: Financial News - Yahoo! Finance
Molecular Profiling Institute, IBM partner on genomics project: Financial News - Yahoo! Finance


Molecular Profiling Institute, IBM partner on genomics project
Tuesday November 8, 12:35 am ET


The Molecular Profiling Institute Inc. in Phoenix is another step closer to generating tools to help physicians personalize medicine for patients.
The Phoenix company is working with IBM (NYSE: IBM - News) on a Healthcare Life Sciences Collaboration Project to create a Personalized Medicine Expert System. This proprietary system allows physicians the ability to apply genomic advances to the practice of medicine.

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"The goal of the Molecular Profiling Institute is to give physicians the tools they need to provide a greater level of personalized medicine in the treatment of their patients," said Dr. Robert J. Penny, president and chief executive of Molecular Profiling. "Our alliance with IBM should allow Molecular Profiling to offer physicians a tailored medical strategy for their individual patients."

At this stage of the development, Molecular Profiling provides clinical data, modeling, and system testing. The company also is designing and building a clinical information management system and genomic analytic software, along with synonym and taxonomy dictionaries.

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