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Foundation Medicine

Latest Headlines

Latest Headlines

Foundation Medicine teams with IMS on precision medicine service

Foundation Medicine and IMS Health have teamed up to offer a precision medicine service. The alliance brings together Foundation Medicine's cancer genomics database and IMS' real-world evidence platform, a combination the partners think can enable the effective use of more targeted therapies.

Foundation Medicine teams up with IMS Health for cancer precision medicine project

Foundation Medicine is teaming up with healthcare technology firm IMS Health to develop a new cancer diagnostics tool, deepening the company's dive into cancer R&D a few months after it finalized its $1.2 billion deal with Roche.

Fresh off $250M investment from Roche, Foundation Medicine testing volume up 67%

Foundation Medicine provided additional detail about Roche's multimillion-dollar investment in the cancer-focused molecular diagnostic company during its Q1 2015 earnings call.

Roche charges ahead with diagnostics R&D after sealing Foundation deal

Roche is not wasting any time after sealing its $1.2 billion deal for Foundation Medicine, charging full speed ahead with the companies' planned cancer R&D collaboration to generate growth in the coming year.

Roche and Foundation Medicine seal $1.2B deal with plans for cancer R&D

Roche sealed its $1.2 billion deal for Foundation Medicine, forging ahead with cancer R&D as it gains a majority stake in the company.

Foundation Medicine reveals C-suite and board metamorphosis

Foundation Medicine revealed a C-suite shakeup and changes to its board of directors as it nears the finish line of its pending deal with Roche.

Foundation Medicine rides tailwinds of successful Q4 2014

Foundation Medicine has been on an upward trajectory as of late, inking deals with Big Pharma and expanding the reach for its gene-profiling technology. The company's hard work appears to be paying off, as Foundation's Q4 2014 revenues rose 93% to $18.7 million and oncologists ordered 7,233 of its clinical tests, compared to 3,752 tests ordered during the same quarter last year.

Mayo Clinic joins $20.5M Series A reboot for next-gen sequencing startup Lifecode

Yet another next-generation sequencing startup has disclosed that it's won financing. Lifecode, formerly known as Silicon Valley Biosystems, has garnered a $20.5 million Series A round from investors including Sequoia Capital, The Mayo Clinic and Mayo Ventures.

What's next for next-gen sequencing? Everything.

SAN FRANCISCO--More than a few presentations at the JP Morgan Healthcare conference this week sought to address the future of next-generation sequencing, particularly with the huge waves of related news.

Roche bets $1.2B on Foundation Medicine with deal for majority stake

Roche is throwing the full weight of its global rep and more than $1 billion behind Foundation Medicine's ambitious sequencing technology, designed to tailor cancer treatment to particular patients and guide development of new cancer drugs.