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GenoSpace Named Best of Show Winner at Bio-IT World 2014

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SOURCE GenoSpace, LLC

Panel of expert judges recognizes GenoSpace for Clinical™ as a leader in the field of web-based offerings for genomic medicine

CAMBRIDGE, Mass., May 8, 2014 /PRNewswire/ -- GenoSpace (www.GenoSpace.com) today announced that the company was named a Best of Show grand prize winner at the 2014 Bio-IT World Conference and Expo. GenoSpace for Clinical™ was recognized in the Web-Based Services and Software category for its comprehensive suite of offerings supporting genomic medicine.

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John Quackenbush, Ph.D., CEO of GenoSpace, said, "The GenoSpace for Clinical suite of offerings allows users to integrate a variety of genomic and clinical data, tie in reference content sources such as the extensive knowledgebase available through Thomson Reuters, and deliver concise, relevant and actionable reports to oncologists. We are pleased to be honored for our market-leading solution in precision genomic medicine."

The initial launch of GenoSpace for Clinical was through a collaboration with PathGroup and the IP & Science business of Thomson Reuters. PathGroup, one of the largest private providers of pathology services in the United States, required a solution to integrate its industry-leading anatomic, clinical and molecular pathology services with information on drugs, genetic variants, clinical trials and therapeutic implications. Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, provided its hand curated content through their open architecture Cortellis platform, as the cornerstone for reference data to support interpretation of patient information. GenoSpace for Clinical provided a powerful, flexible platform that allowed PathGroup to use data from their clinical and molecular assays together with information from Thomson Reuters and other sources to produce, clear, concise reports that assist physicians in making better informed treatment decisions for their patients.

"Given the volume and inherent value of the tumor mutational data coming out of our SmartGenomics offering PathGroup recognized we would need an appropriate information integration solution to facilitate the effective use of  this data and the creation of informative and easy to interpret patient reports.," stated Ben Davis, MD, Chairman, President and CEO of PathGroup. "GenoSpace for Clinical has provided us with the enabling technology to power our SmartGenomics™ offering and have an impact on patient care."

Joseph Donahue, Senior Vice President, Thomson Reuters Life Sciences added, "The Best of Show award from Bio-IT World is recognition that GenoSpace has achieved what many organizations are still talking about doing, delivering actionable precision medicine reports to clinicians.  We are honored to have the opportunity to work with both GenoSpace and PathGroup and support both of these industry leading organizations as they deliver solutions that improve patient care and outcomes."

About Bio-IT World

Part of the Cambridge Healthtech Institute Media Group (www.chimediagroup.com), Bio-IT World provides outstanding coverage of cutting-edge trends and technologies that impact the management and analysis of life sciences data, including next-generation sequencing, drug discovery, predictive and systems biology, informatics tools, clinical trials, and personalized medicine. Through a variety of sources including, Bio-ITWorld.com, Weekly Update Newsletter and the Bio-IT World News Bulletins, Bio-IT World is a leading source of news and opinion on technology and strategic innovation in the life sciences, including drug discovery and development. Please visit www.Bio-ITWorld.com for more information.

About GenoSpace

At GenoSpace, we are Digital Architects of Genomic Medicine™. GenoSpace is a Cambridge, Massachusetts-based company that has developed robust software systems for securely storing vast amounts of genomic and health data, and providing it in formats specific to its diverse user communities. GenoSpace for Clinical facilitates clinically actionable interpretation and report generation for precision medicine. GenoSpace for Research™ provides dynamic analysis, visualization and collaboration tools. GenoSpace for Patient Communities™ enables patient-centric exploration and advancement of personalized medicine. Please visit www.genospace.com for more information.

About PathGroup
Founded in 1965, PathGroup has evolved into a premier provider of anatomic, clinical and molecular pathology services. Privately held and physician centric, PathGroup works seamlessly with customers to provide superior diagnostic services – a vital link in the cycle of patient relationships. PathGroup uses the latest in proprietary and industry standard technology to deliver fast, accurate results. The company provides clients with the highest quality of services available, consistently exceeding the expectations of physicians, employees, payers and most importantly, patients. One Lab; Total Service. For more information, visit www.pathgroup.com.

About Thomson Reuters

Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs approximately 60,000 people and operates in over 100 countries. For more information, go to www.thomsonreuters.com.

CONTACTS



Daniel Meyer

Susan Bailey

GenoSpace

PathGroup

+1-617-520-4182

+1-615-695-4931

pr@genospace.com

sbailey@pathgroup.com



Laura Gaze

Jen Breen

Thomson Reuters

Thomson Reuters

+1-203-535-6283

+1-215-823-1791

laura.gaze@thomsonreuters.com

jennifer.breen@thomsonreuters.com

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