This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Newsbyte: SAP, MolecularHealth And GATC Biotech Plan To Offer Personalized Cancer Analysis

WALLDORF, Germany, June 5, 2014 /PRNewswire/ --  SAP NEWSBYTE  -- In the spirit of its mission to improve people's lives, SAP AG (NYSE: SAP) today announced that it intends to offer a personalized treatment option service, in collaboration with MolecularHealth and GATC Biotech, to qualified employees fighting cancer.
SAP Logo.

The service would be based on MolecularHealth's TreatmentMAP™ software and generate an individual tumor analysis for each patient, providing a clinical interpretation of the clinical and genomic patient data to support their physician in making an individualized treatment decision. In Europe, sequencing data is planned to be provided by GATC Biotech; and in the United States, MolecularHealth intends to run its own CLIA-certified sequencing lab. These huge amounts of data would be processed with an ultra-fast genome alignment algorithm, which is part of the SAP® Genomic Analyzer solution and used to assemble the full exome DNA sequence in three minutes — about 300 times faster than the alignment software previously used.

Treatment options based on sequencing data processed by MolecularHealth's TreatmentMAP powered by the SAP HANA® platform are anticipated to be delivered to the oncologists treating SAP employees. It is then up to the oncologist and patient to confer and decide upon an appropriate course of action, but they would be armed with additional information which may not have been otherwise available. MolecularHealth's TreatmentMAP software is the first registered medical device of its kind in Europe for personalized cancer medicine.

SAP is planning to offer this service to employees who have been diagnosed with a solid tumor cancer. It is planned to be piloted for employees in two countries, with employees in additional countries gaining the benefit in the future. SAP hopes to convince other employers to consider offering such a benefit.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs