Konica Minolta Precision Medicine Announces Name Change to REALM IDx™

Konica Minolta Precision Medicine (KMPM), a majority-owned subsidiary of Konica Minolta, Inc., announced today that it has changed its name to REALM IDx, Inc. The name change reflects the company’s focus in integrated diagnostics, an advanced field of clinical science that brings together genomics, radiology, pathology, and artificial intelligence to derive actionable insights that can empower healthcare providers to predict, diagnose, and treat disease.

“We’re excited to announce the name change,” said Dr. Aaron Elliott, Chief Executive Officer of REALM IDx, Inc. “Our new name reflects not only our focus on advancing integrated diagnostics, but also the coming together of the rich multi-modal data generated by our subsidiary companies – genomics from Ambry Genetics, and radiology and pathology from Invicro. Combined with our proprietary software platforms, this integrated approach opens a new world of diagnostic insights that supports our mission to advance patient care.”

ALISO VIEJO, Calif., Sept. 15, 2021 /PRNewswire/

PRECEDE Consortium Announces Konica Minolta Precision Medicine as its Precision Health Partner to Advance its Mission to Increase Survival Rates for Patients with Pancreatic Cancer

The PRECEDE Consortium (PRECEDE) and Konica Minolta Precision Medicine, Inc. (KMPM) announced today that KMPM and its subsidiaries, Ambry Genetics and Invicro, have joined as partners to bring a novel integrated diagnostic approach to support PRECEDE’s mission for increasing survival rates for pancreatic cancer patients through early detection.

According to the American Cancer Society, pancreatic cancer is one of the deadliest cancers, with a 5-year survival rate of just 10 percent[1]. The PRECEDE Consortium is a highly collaborative international effort comprised of over 35 leading academic medical centers across the globe to transform the early detection and prevention of pancreatic cancer, with the aim of increasing the 5-year survival rate from 10 percent to 50 percent within the next 10 years.

Together, KMPM and PRECEDE Consortium will bring their expertise and resources in genetic testing, pathology, and imaging to determine who is at an elevated risk for developing pancreatic cancer, define that risk, and invite those at elevated risk into state-of-the art clinical screening programs. The coordinated plan by KMPM and the PRECEDE Consortium is to analyze and standardize data curated through LATTICE™, an integrated diagnostics platform, that runs on Amazon Web Services, Inc. (AWS). LATTICE uses Amazon HealthLake, a HIPAA-eligible service that helps organizations store, transform, query, and analyze health data, and will help researchers and clinicians gain new genomic insights for detecting and preventing pancreatic cancer.

One of the most significant challenges in determining who is at an elevated risk for pancreatic cancer has been the lack of infrastructure and protocols to support the translation of molecular imaging data, sequencing data, and diagnostics technology data. The analysis of this data is critical for informing disease detection, prevention, and treatment. KMPM’s focus on multi-omics and multimodal data has spurred their development of LATTICE, which they plan to use to securely aggregate diagnostics, imaging, and informatics data from the PRECEDE study in one seamless, standardized platform to better derive new insights for preventive and managed care.

“As a surgeon and scientist who has spent my entire career taking care of pancreatic cancer patients and trying to improve survival for this intractable disease, it is clear that early detection is likely to have the greatest impact in changing outcomes,” said Dr. Diane M. Simeone, Principal Investigator of PRECEDE and Director of the Pancreatic Cancer Center at NYU Langone Health. “Through this innovative partnership we expect to curate and analyze large amounts of data in an unprecedented way to optimize early detection methods for pancreatic cancer.”

“Machine learning may offer healthcare and life sciences organizations the opportunity to normalize, index, structure, and aggregate data in a way that makes it easier for clinicians to understand relationships in data and support better patient care,” said Dr. Taha Kass Hout, Director of Machine Learning at AWS. “We are excited to support the PRECEDE Consortium as they work to predict and prevent pancreatic cancer using LATTICE.”

“Early identification can have a life-changing impact for patients at a high risk for pancreatic cancer,” said Aaron Elliott, KMPM CEO. “By leveraging the LATTICE platform, PRECEDE will be able to help more healthcare providers, researchers, and scientists harness the power of diagnostics, imaging, and informatics to find novel associations and biomarkers for the early detection of pancreatic cancer.”

The PRECEDE Consortium is currently providing clinical care to high-risk patients at designated academic medical institutions and enrolling eligible patients into its observational longitudinal prospective cohort study. The PRECEDE study plans to grow to include over a hundred institutional partnerships and expand the cohort to over 10,000 high risk individuals for this important study. For more information on PRECEDE and its Consortium members please visit, precedestudy.org

ALISO VIEJO, Calif., Aug. 17, 2021 /PRNewswire/

[1] American Cancer Society. Cancer Facts & Figures 2021. Atlanta, Ga: American Cancer Society; 2021.

Konica Minolta Precision Medicine collaborates with AWS to create the next generation of precision diagnostics

Konica Minolta Precision Medicine, Inc. (KMPM) announced today a five-year collaboration with Amazon Web Services, Inc. (AWS). As the Preferred Cloud Provider for KMPM, AWS will support the build-out of the company’s LATTICE™ initiative globally. LATTICE™ is a groundbreaking integrated diagnostic data platform that combines genomics, pathology, and radiology data along with other critical information to uncover new, clinically relevant biomarkers and create the next generation of diagnostic tests. As part of this collaboration, Amazon has made a financial investment in KMPM.

“One of the most significant challenges to the advancement of precision medicine has been the lack of an infrastructure to support translational bioinformatics,” said Kiyotaka Fujii, Chairman of KMPM. “With LATTICE™, KMPM will be able to help our customers use the power of these unique datasets to find novel associations and signals. Leveraging the breadth and depth of AWS services, as well as its secure infrastructure, KMPM will be better positioned to innovate, collaborating with our expert team of data scientists, developers, clinicians, and pharmaceutical partners at scale, and reducing the time it takes to move from insight to discovery.”

KMPM is committed to advancing precision medicine for populations and individuals now and in the future. The breadth and agility of LATTICE™ will support global customers with clinical trials at scale and develop new ways to bring clinical grade diagnostic tools directly to researchers and clinicians. LATTICE™ combines KMPM’s cutting edge science with the power of AWS to accelerate drug discovery by leveraging machine learning services, such as Amazon HealthLake, along with AWS storage, compute, database, and analytics services, to help clinicians deliver the right care, to the right patient, at the right time. KMPM will also leverage AWS’s secure infrastructure to process, maintain, and store Protected Health Information (PHI) and comply with Medical Information Guidelines in Japan.

“One of the cornerstones of precision medicine is precision diagnostics, and we are excited to collaborate with KMPM to enhance and accelerate their innovative offerings and help deliver precision diagnosis at a global scale using Amazon HealthLake,” said Taha Kass-Hout, Director of Machine Learning at AWS. “We’re seeing a renaissance in the healthcare and life sciences industry as more organizations leverage cloud technology on AWS to uncover new ways to reduce cost, improve patient outcomes, and ultimately save lives.”

TOKYO, March 10, 2021 /PRNewswire/

Chestnut Securities, Inc. acted as exclusive financial advisor to KMPM in this transaction.