AIPT Precision Therapeutics

Predictive Oncology and Cvergenx announce partnership to develop the first-ever genomics-based approach to precision radiation therapy and drug discovery using artificial intelligence

Predictive Oncology and Cvergenx announce partnership to develop the first-ever genomics-based approach to precision radiation therapy and drug discovery using artificial intelligence

EAGAN, Minn., Feb. 23, 2023 (GLOBE NEWSWIRE) -- Predictive Oncology Inc. (NASDAQ: POAI) and Cvergenx, Inc. today announced an agreement to form a strategic partnership that has the potential to revolutionize the field of radiation oncology with the first-ever genomics-based artificial intelligence approach to personalized radiotherapy and drug discovery.

The objective of this collaboration will be to leverage and maximize the combined power of their respective proprietary technologies and domain expertise for a common purpose. By applying Predictive Oncology’s drug discovery, artificial intelligence and machine learning capabilities (PEDAL), and the Cvergenx precision genomics radiation therapy platform (pGRT™), the two companies will pursue ways in which to optimize radiotherapy (RT) to improve patient outcomes in a way that has never been done before.

“The central principle in precision medicine is that cancer therapy should be tailored to the individual tumor biology. Even so, radiation therapy, the most commonly utilized therapeutic agent in clinical oncology, has yet to enter the era of precision therapy,” said Raymond F. Vennare, Chief Executive Officer of Predictive Oncology. “We believe that the next and most significant paradigm shift in the field of radiation oncology will come from exploiting tumor genomics to optimize RT prescription dose and to identify drug targets for the development of radiosensitizers and radioprotectors for biopharma and industry.”

By applying artificial intelligence and machine learning to explore the possibility of personalizing and optimizing radiotherapy prescription dose, combined with the discovery of medicinal radiosensitizers and radioprotectors, this strategic partnership may potentially lead to the repurposing of existing compounds or the development of an entirely new class of drugs. More than one million patients are treated with radiotherapy every year in the US. If the overall survival of RT-treated patients is improved by 4%, that would translate into 40,000 lives, almost equivalent to eradicating breast cancer.

“Today, RT is prescribed based on a one-size fits all approach where all tumors are treated with uniform doses of RT. pGRT provides the first clinically validated approach to optimize RT prescription dose for each individual patient,” explained Javier F. Torres-Roca, MD, Co-founder and Acting Chief Executive Officer of Cvergenx. “The pGRT platform has been shown to correctly identify radiosensitizers and radioprotectors from large pharmacogenomic screens. We believe this knowledge can improve the clinical outcome of patients treated with radiotherapy.”

Dr. Torres-Roca is also Professor of Oncologic Sciences at University of South Florida College of Medicine and Senior Member in the Department of Radiation Oncology and Biomedical Informatics at Moffitt Cancer Center, where pGRT is currently being evaluated in a Phase 2 prospective clinical trial for triple negative breast cancer (NCT05528133). Cvergenx is a spin-out of the Moffitt Cancer Center.

About Predictive Oncology

As a science-driven company on the leading edge of oncology drug discovery, (NASDAQ: POAI) offers an unrivaled suite of solutions for the biopharma industry. Through the integration of scientific rigor and machine learning, the company has developed the ability to advance molecules into medicine more confidently by introducing human diversity earlier into the discovery process with the pairing of artificial intelligence and the world’s largest privately held biobank of over 150K tumor samples. Predictive Oncology’s solutions additionally include tumor models, biologics development, formulation design, a GMP facility, a CLIA laboratory and substantial scientific domain expertise.

About Cvergenx

 is a genomic informatics company that provides decision-support to radiation oncologists by developing and commercializing genomic technologies to optimize and personalize radiotherapy prescription dose and the identification of novel compounds that, in combination with radiotherapy, may improve the clinical outcome of patients. The company’s Precision Genomic Radiation Therapy platform (pGRT™) is a clinically validated decision support tool and takes a mathematical, rather than empirical, approach to the integration of genomics into radiation treatment planning. Developed in collaboration with the Moffitt Cancer Center, the company’s patented Radiosensitivity Index (RSI) and Genomic Adjusted Radiation Dose (GARD) provide the first opportunity to adapt radiation treatment and dose to improve outcomes on a patient-by-patient basis.

Public Relations Contact:

Predictive Oncology

Theresa Ferguson

(630) 566-2003

Investor Relations Contact:

Landon Capital

Keith Pinder

(404) 995-6671

Forward-Looking Statements:

Certain matters discussed in this release contain forward-looking statements. These forward-looking statements reflect our current expectations and projections about future events and are subject to substantial risks, uncertainties and assumptions about our operations and the investments we make. All statements, other than statements of historical facts, included in this press release regarding our collaboration with Cvergenx and the potential results therefrom (including the potential impact on radiotherapy and drug discovery) are forward-looking statements. Forward-looking statements also include statements regarding our strategy, future operations, future financial position, future revenue and financial performance, projected costs, prospects, changes in management, plans and objectives of management. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “would,” “target” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Our actual future performance may materially differ from that contemplated by the forward-looking statements as a result of a variety of factors including, among other things, factors discussed under the heading “Risk Factors” in our filings with the SEC. Except as expressly required by law, the Company disclaims any intent or obligation to update these forward-looking statements.

 



EN
23/02/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Precision Therapeutics

 PRESS RELEASE

Axe Compute Names Kyle Okamoto President, Adding Deep Infrastructure S...

Axe Compute Names Kyle Okamoto President, Adding Deep Infrastructure Systems Expertise to Executive Team Okamoto, who helped scale Aethir's decentralized GPU network to 200+ global locations, will lead enterprise growth strategy and execution at Axe Compute PITTSBURGH, April 06, 2026 (GLOBE NEWSWIRE) -- Axe Compute (Nasdaq: AGPU) has named Kyle Okamoto as President, effective April 1, 2026. This strategic appointment bolsters the Company's executive leadership team with deep infrastructure systems expertise as Axe Compute continues to enhance its position as a premier provider of enterp...

 PRESS RELEASE

Axe Compute Reports $12 Million in Executed Agreements Providing $835 ...

Axe Compute Reports $12 Million in Executed Agreements Providing $835 Thousand in Estimated Monthly Income Entering Q2 2026 $12M of Contract Value Across 20+ Enterprise Customers, Providing $835 Thousand in Estimated Monthly Income Starting Q2 2026 PITTSBURGH, April 01, 2026 (GLOBE NEWSWIRE) -- Axe Compute Inc. (NASDAQ: AGPU), the newly transformed enterprise GPU infrastructure company that aims to give enterprises and entrepreneurs unparalleled choice and access to AI compute, today announced that the company has signed approximately $12 million in total executed agreement value in the...

 PRESS RELEASE

Axe Compute Inc. Reports Full-Year 2025 Financial Results

Axe Compute Inc. Reports Full-Year 2025 Financial Results Completed Strategic Transformation to AI Compute Infrastructure Raised $343.5 Million in Capital to Fund Digital Asset Treasury Strategy Solidified new leadership composition with world class CEO and board members PITTSBURGH, March 31, 2026 (GLOBE NEWSWIRE) -- Axe Compute Inc. (NASDAQ: AGPU), a technology company focused on providing enterprise access to high-performance GPU compute infrastructure for artificial intelligence workloads, today reported financial results for the fiscal year ended December 31, 2025. The year ended D...

 PRESS RELEASE

Axe Compute to Host Annual Report Conference Call

Axe Compute to Host Annual Report Conference Call Axe Compute to Report Fiscal Year 2025 Financial Results and File Annual Report on Form 10-KConference call and webcast scheduled for April 1, 2026 PITTSBURGH, Pa., March 27, 2026 (GLOBE NEWSWIRE) -- (NASDAQ: AGPU), the enterprise GPU infrastructure company that aims to give enterprises and entrepreneurs unparalleled choice and access to AI compute, today announced it will release financial results for the fiscal year ended December 31, 2025, and file its Annual Report on Form 10-K with the Securities and Exchange Commission after market...

 PRESS RELEASE

Axe Compute Appoints Two Technology and Telecom Luminaries to Board of...

Axe Compute Appoints Two Technology and Telecom Luminaries to Board of Directors as Company Accelerates AI Infrastructure Strategy Theodore Zhu, Ph.D. and Thorsten Dirks Bring Deep Semiconductor, Telecom, and International Transformation Expertise NEW YORK, March 17, 2026 (GLOBE NEWSWIRE) -- Axe Compute (NASDAQ: AGPU), the enterprise GPU infrastructure company giving enterprises and entrepreneurs unparalleled choice and access to AI compute, today announced the appointment of Theodore Zhu, Ph.D. and Thorsten Dirks to its Board of Directors, effective March 12, 2026. The appointments mar...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch