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April 12, 2018
Tokyo, Japan, April 12, 2018 – Hitachi High-Technologies Corporation (TSE:8036, Hitachi High-Tech) announced Hitachi High-Tech's capital participation in OmniSeq®,Inc. (OmniSeq), which is a molecular diagnostics subsidiary of the Roswell Park Comprehensive Cancer Center, which was the first institution to focus exclusively on cancer research.
Hitachi High-Tech has made the field of biotechnology and healthcare its priority. Amid a recent increase in demand for personalized healthcare that provides optimal medical treatment for each individual patient in this field, there are strong expectations for developments in cancer therapy. Immunotherapy, including a class of drugs called checkpoint inhibitors*1, is expected to be the fastest growing class of cancer treatment over the next several years. OmniSeq offers not only cancer gene panel*2 for considering patients for molecular-targeted therapy*3, but also a first-in-kind comprehensive immune profile*4 for considering patients for immunotherapy.
With this capital participation in OmniSeq, Hitachi High-Tech is contributing to the realization of a healthy society through in vitro diagnostics (IVD) by developing products that realize state of the art cancer diagnostic to leverage its strength, development capability in analytical equipment based on optical technology with OmniSeq' s expertise in cancer diagnostic panel development that are closely tied to clinical practice.
Hitachi High-Tech's corporate business vision in the Biotechnology and Medical Products area is to "aim to be a global player in all IVD Businesses." To this end, the company is strengthening its existing businesses while aggressively engaging in strategic investments, such as promoting M&A and collaboration for creating new businesses in growth markets. Hitachi High-Tech will continue to aim to "become the Global Top in high-tech solutions," and respond swiftly to the needs of customers and markets, working from the customer' s perspective as a fast-moving creator of cutting-edge businesses.
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OmniSeq, an innovation of Roswell Park Comprehensive Cancer Center, is a molecular diagnostic laboratory.OmniSeq endeavors to find the right drug or the right trial for every patient by improving access to better cancer treatment options through molecular profiling.