Strings to the bow14 Mar 2020 11:29
I agree this is an amazing investment opportunity. As a recent new investor to ORPH I am still catching up on some of the older history.
The RNS from 25 October last year gave further insight into this company's diverse offerings in the field of virology. It may be of interest to other newbies and we may get further news on this soon?
Open Orphan PLC Agreement signed with Empiric Logic
Source: UK Regulatory (RNS & others)
TIDMORPH
RNS Number : 8397P
Open Orphan PLC
15 October 2019
Open Orphan plc
Open Orphan signs agreement with Empiric Logic
Open Orphan, a European-focussed, rare and orphan drug consulting services platform, is pleased to announce it has signed a new strategic collaboration agreement ("the Collaboration") with Empiric Logic to build on the earlier work performed by Open Orphan and complete the build out of Open Orphan's Health Data platform, Europe's first rare disease, advocacy-led genomic database.
Empiric Logic, a leading managed software service company which provides software to the Life Sciences, Pharma, Pharma Services and Biotech sectors, will incorporate its propriety, privacy preserving, and artificial intelligence enabled software into Open Orphan's Health Data platform to aid the collection and management capabilities of the software.
The Collaboration is the final stage in the completion of Open Orphan's Genomic Health Data platform and will speed up its launch. The platform builds on the genomic analysis, database architecture know-how and prior professional experience between the founders of Empiric Logic and Maurice Treacy, Chief Commercial Officer at Open Orphan.
Cathal Friel, Chief Executive of Open Orphan commented:
"This is an exciting step towards the completion of our genomic Health Data platform, and we are delighted to have Empiric on board to help us quickly and securely become one of the largest databases of rare disease patients in Europe."
Gareth O'Sullivan, CEO at Empiric Logic commented:
"Empiric Logic is delighted to be supporting the Open Orphan team with the final steps of preparing the Genomic Health Data platform to accept first data.
As part of the rollout of the Open Orphan database, it will be making substantial use of our artificial intelligence capabilities, such as for identification of rare-disease genetic mutations, but also for the potential identification of patients for clinical trials going forward."