Canon Medical System Corporation completed the acquisition of the majority shares of ACTmed – a joint venture company established with ACT Genomics, a Taiwanese molecular diagnostic company. ACTG will transfer its clinical NGS technology to ACTmed, making ACTG the first Taiwanese biotech company to transfer technology to a major medical company in Japan. ACTG will also help ACTmed to operate cancer genomic profiling service in Japan and be the provider for analyzing the sequencing data generated by ACTmed.
Through this partnership, ACTG and Canon Medical will utilize caner genomic testing to provide cancer treatment selection and disease monitoring with better precision to patients in Japan.
Founded in 2014, ACTG is the Asia leading DNA cancer solution providers and transforms science into actionable solutions empowering clinicians and patients with evidence-based information to fight cancer. The Company’s mission is to provide every cancer patient with personalized genomic information-based treatment plans through the cutting-edge Next Generation Sequencing platform, Asian genome database, leading professional bioinformatics and biomedical team in Asia, medical report, and integrated services.
ACTG’s flagship NGS panel, ACTOnco, investigates 440 cancer-related genes by incorporating a signaling pathway design. ACTOnco provides optimal treatment suggestion to clinicians, including targeted therapies, hormonal therapies, chemotherapies, and immunotherapies, for all solid tumor types.
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Currently, ACTG operates in Taiwan, Hong Kong, Singapore and Japan.
Date: September 24, 2018
Source: Cision