Industry & Business

Diaceutics is Developing a Data Science Platform in Belfast to Improve Patient Diagnostic Testing Globally

 Breaking News
  • Meetings Booker Wins Enterprise Ireland’s Pioneer Travel Tech Award Meetings Booker has been named the best product winner of Enterprise Ireland’s Pioneer Travel Tech Award, which showcases and recognizes a new wave of high performing Irish travel tech start-ups. Meetings Booker is a global leader in meeting venue discovery and online booking, with over 125,000 meeting spaces in 138 countries around the world. The company’s [...]...
  • 150 New Jobs For Galway Rent the Runway, Inc., the company that created the world’s first living, sustainable closet by enabling women to rent versus buy their clothing, has selected Galway for its first-ever international technology office. The project is supported by the Irish Government through IDA Ireland. Recognising Ireland’s significant technology talent, Rent the Runway aims to hire 150 engineers [...]...
  • Gyproc Continues Monaghan Investments With New Work at Knocknacran Following a competitive tendering process, Gyproc Ireland, which mines gypsum at Knocknacran quarry for use in its factory in Kingscourt, has announced the awarding of an important new contract to Wills Bros. Ltd.  Wills Bros are one of Ireland’s leading civil engineering contractors with experience in large scale infrastructural, industrial and earthworks projects. The contract [...]...
  • Fáilte Ireland Workshops to Commence on ‘Tasty’ New Initiative Fáilte Ireland is inviting businesses and individuals interested in providing tourists with a food or drink experience to attend workshops in their local area and find out how they can get involved in their new initiative – ‘Taste the Island – a celebration of Ireland’s food and drink’ which takes place this Autumn. See full list of [...]...
  • Robots and Artificial Intellegence Discussed at ACCA Conference in Sligo The role of robots and Artificial Intelligence in accountancy were among the discussions at the recent ACCA conference hosted by IT Sligo. The national conference gathered some of Ireland’s leading experts in finance and business to discuss the many opportunities and obstacles the industry may face in the future. The event titled “Technology & Accountancy – [...]...

Diaceutics is Developing a Data Science Platform in Belfast to Improve Patient Diagnostic Testing Globally

Diaceutics is Developing a Data Science Platform in Belfast to Improve Patient Diagnostic Testing Globally
October 26
12:20 2018

Precision Medicine and diagnostics commercialisation service provider, Diaceutics, is investing £2 million in R&D to create a new data platform leveraging data from global clinical laboratories, which will improve the way patients are tested in advance of treatment. Invest Northern Ireland has offered the company over £480,000 towards its project which is expected to leverage the employment of 20 additional staff at a Diaceutics’ Belfast-based data hub.

Diaceutics is the world’s leading provider of precision medicine data analytics, software and service solutions. The company works with the pharmaceutical industry to further the application of precision medicine, an approach which tailors medical treatments to the individual characteristics of each patient.

Commenting on the investment, Peter Keeling, CEO of Diaceutics, said:”Precision medicine relies on a step change in the way patients are being tested in advance of treatment. High levels of missed and misdiagnosed patients still curtail the promise of precision medicine across the globe and along with the support of Invest NI we will continue to expand our collection, management and analysis of some of the most important patient testing data shaping the precision medicine space today.

“Specifically Invest NI’s support of our research and development work is enabling us to offer a competitive advantage in the marketplace by providing real world evidence, more accurate forecasting and more detailed physician segmentation. We will be working with pharmaceutical firms in the coming months, to build awareness of our advanced insights here and explore opportunities to integrate those insights earlier into their commercial investments.”

Grainne McVeigh, Director of Life Sciences at Invest NI, added:”Diaceutics is undertaking an exciting investment that, through the work with their pharmaceutical clients, will equip physicians with the information and tools to deliver targeted patient care based on their molecular profile, improving outcomes and containing the costs associated with a trial-and-error approach to disease treatment. Life and health science is an area of high growth opportunities and we are delighted to be supporting Diaceutics’ efforts to lead the innovation and commercialisation of solutions that will develop the diagnostics market worldwide.”

Invest NI’s support is part funded by ERDF under the EU Investment for Growth and Jobs Programme 2014-2020. Two of the 20 new positions are already in place.

CAPTION:

Pictured (L-R) are: Grainne McVeigh, Director of Life Sciences, Invest NI; and Peter Keeling, CEO, Diaceutics.

About Author

admin

admin

Related Articles

New Subscriber

Subscribe Here



Advertisements






















National Manufacturing Conference & Exhibition 2018

NIBRT Springboard Success Stories



Upcoming Events

  • No upcoming events
AEC v1.0.4