What You Should Know:
– Labcorp (NYSE: LH), a global leader of innovative and comprehensive laboratory services, today announced an expanded collaboration with Ultima Genomics to utilize its UG 100TM sequencing solution and ppmSeqTM technology to explore new whole genome sequencing (WGS) clinical applications, including molecular residual disease (MRD) in patients with early-stage solid tumor cancers.
– Labcorp recently introduced Labcorp® Plasma Detect™, the first clinically validated, tumor-informed, WGS-based circulating tumor DNA (ctDNA) MRD solution for research and investigational use. Labcorp intends to use Ultima’s UG 100 platform and ppmSeq technology, which, combined with Plasma Detect, have demonstrated in preliminary data the ability to detect rare variants at extremely low limits, improved sensitivity and specificity, and more efficient, scalable and cost-effective workflows.
Labcorp Enhances Whole Genome Sequencing Capabilities through Expanded Collaboration with Ultima Genomics
Labcorp (NYSE: LH) is a global leader in innovative and comprehensive laboratory services, assisting doctors, hospitals, pharmaceutical companies, researchers, and patients in making clear and confident decisions. Through unparalleled diagnostics and drug development laboratory capabilities, Labcorp provides insights and advances science to improve health and enhance lives.
“By combining Labcorp’s leadership, testing capabilities and expansive network with the accuracy, scalability and cost-effectiveness of Ultima’s technology, we can help transform oncology testing for pathologists, oncologists and our biopharmaceutical partners,” said Shakti Ramkissoon, M.D., Ph.D., MBA, vice president, medical lead for oncology at Labcorp. “Through this collaboration, Labcorp aims to drive increased efficiency, scalability and cost-effectiveness while improving access to affordable genetic testing in emerging areas with significant unmet need.”
