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Monthly Archives: June 2021
Forrester: The new automation fabric is where digital business happens – TechRepublic
Posted: June 30, 2021 at 2:34 pm
A new report describes how a collection of automation technologies including RPA, low-code tools, chatbots and machine learning, are converging atop the application layer.
Image: Dzmitry Slizski/Shutterstock
Automation is changing the paradigm that development was limited to app development and delivery professionals with specialized skills, a new report from Forrester finds. Today, with low-code tools and robotic process automationbuilders, "business users and non-coders can now build bespoke workflows and customized functionality," according to the Automation is the New Fabric for Digital Business report.
But a piecemeal approach to automation technology has created as many problems as it has solved, according to the report. One issue is that tactical automation undersells transformative potential.
SEE: The CIO's guide to quantum computing (free PDF) (TechRepublic)
While automation is the enabler supporting transformation at multiple levels, "tactical, cost-focused automation disconnected from digital transformation goals can inhibit this broader vision."
Other issues outlined in the report:
Islands of automation lead to a myopic view of the possible. Companies are crisscrossed by multiple automation programs that each exist in its own silo. For example, a company's finance team may use RPA while the IT team champions low-code or artificial intelligence and the contact center dabbles in chatbots. Automation silos between different tech initiatives prevent teams from reaping the obvious synergies between these convergent technologies.
Overreliance on a single automation technology causes suboptimal outcomes. Companies can overcommit to a given automation technology without considering whether it's the best approach to achieve a goal. This syndrome can be avoided by using holistic automation governance approaches.
The report quotes Pavan Subramanya, director of intelligent automation at Fiserv, who said the company has pivoted to focus on the business problem rather than the technology to solve it. "Today, our automation architects' approach is to design the technology solution using multiple tools to deliver the most optimal solution that fits the business case," Subramanya said. "All technologies are open for consideration, including low-code applications, chatbots, RPA, BPMS, IVR automation, SMS gateways and AI."
Tactical approaches create technical debt. Tactical automation can often temporarily patch over pockets of inefficiency, allowing CIOs and CFOs to defer modernization investments, the Forrester report said. The tactical approach "only lets inefficient legacy processes and applications stay broken. And if you let processes proliferate without strong governance, automation might only end up making them more brittle. This causes unpredictability in the short term and creates long-term technical debt, which impedes transformation later," the report said.
Today's diverse automation options are already beginning to coevolve and converge into a broad weavea "fabric" that sits above the app layer, Forrester said. This fabric combines digital workers and AI agents such as chatbots with event-based and integration-centric orchestration.
SEE: Snowflake data warehouse platform: A cheat sheet (free PDF) (TechRepublic)
Forrester defines the automation fabric as a system for whole-of-business automation that integrates multiple adjacent and complementary automation technologies, process architectures, organizational behaviors and partner co-innovation models, to support the goals of human-centered automation and an autonomous enterprise.
An automation fabric is not a product available on the market but organizations can buy the technologies that they need to flexibly address their transformation goals, Forrester said.
The automation fabric is weaving together diverse technologies to reduce the complexity of underlying application and process landscapes, enabling work and empowering workers, the report said.
When this occurs, the fabric starts acquiring characteristics such as processes woven throughout, and the ability for applications to "express themselves through the fabric," the report said.
SEE:Machine learning can help keep the global supply chain moving(TechRepublic)
The fabric also orchestrates interactions between humans and bots. AI capabilities are injected into the fabric, which offers opportunities for new forms of engagement. The fabric's extensibility also promises support for future use cases, the report said.
"Many real-world processes are disconnected from the ambit of process automation. Imagine a world where a user-created workflow triggers an automated process that ends in a robot flipping a burger or a drone delivering a package," the report said. "Such workflows are difficult to engineer today but will become commonplace in three years as sensors, drones, robotics and 5G proliferate. Due to its flexibility and openness, the automation fabric can extend to support cloud robotics platforms and several emerging use cases."
The report recommends organizations adopt five behaviors to help create success with the automation fabric:
Make user and customer experience a key focus. Automation design often has no user experience or CX support. This is at odds with the fact that employees and customers are often those who interact the most with automation. Organizations must make CX tools, such as customer journey mapping, a core part of the automation toolkit, the report said.
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BOM radio weather reports end as last staffed regional WA station prepares for automation – ABC News
Posted: at 2:34 pm
Weather crosses with local Bureau of Meteorology (BOM) staff on ABC Radioin regional WA have come to an endahead of station automation later this year.
Weather observers Daniel Hayes and David Murray will complete the program of de-staffing regional offices first announced in 2015when they are redeployed from Broome to capital cities at the end of the year.
"They're moving things like the radio crosses away while they can and I guess we're still here, maybe, as a bit of a fallback for a little while," Mr Hayes said.
The final weather read this week ends 31 years of BOM staff delivering weather updates to Kimberley residents on ABC Radio.
Mr Hayes said it was a sad day in his 20-year career with the BOM.
"We've been privileged to be able to talk to the local media and get ourselves into the community in that way," he said.
"Apart from the five-minute commute, it's probably one of the things I'll miss most when we move to the capital cities."
ABC Kimberley: Ben Collins
One of the main aims of theBOM's 2015 strategic plan was to lower the cost of operations and review regional staff.
At the time it wassaid there were more than 30 employees in the 24 regional stations that would be de-staffed.
The maintenance of the automated regional stations and servicing the automatic weather balloon launchers is likely to be conducted by a mix of BOM staff flying into regional towns and locally employed contractors.
Staff will remain at the Learmonth Solar Observatory and the Giles Weather Station.
In a statement to the ABC, the BOM said advances in technology hadchanged the need to have people onsite all the time.
"The prime drive for these changes is delivering a better service to regional communities, where automation significantly increases the observations," the statement said.
"Tropical cyclone forecasts and warnings for Broome and surrounding areas will continue to come from the team of meteorologists in the Perth offices, as they have for many years."
WA LaborKimberley MP Divina D'Anna said the loss of jobs in the region was the Commonwealth's fault.
"I understand the federal government has been phasing BOM stations to automation over the years, resulting in jobs leaving the regions," she said in a statement.
"It is always a sad day when a job leaves the Kimberley."
The ABC contacted Melissa Price, the Federal Member for Durack, but had not received a response at the time of publishing.
ABC Kimberley: Ben Collins
Both Mr Hayes and Mr Murray have seen weather observations become progressively automated over their entire careers.
"Dave had been out at Halls Creek for seven years and I'd been down at Port Hedland for seven years," Mr Hayes said.
"Both of those stations have now been automated."
Mr Murray recalled superseded technology, including the Campbell-Stokes sunshine recorder, which used a glass sphere and cardboard.
"We would put the cardboard in this little slot and change it before sunriseand it scorches a little line," he said.
"We used to have to pull it out and count the number of hours the sun had been out for the day.
"Now there's an array of about 10 instruments out on a post that's actually taken over from that one manually read gauge."
Mr Murray said hewould miss being the local weather man in a small community most of all.
"It's one of the most amazing parts of the job actually being able to give feedback to the public," he said.
"Even when you walk down the street in a small town like Broome, you get asked what's happening."
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The new face of accounting automation – Accountancy Age
Posted: at 2:34 pm
The last few years have marked the dawn of the global digital transformation trend, and accounting services have not remained untouched. For thousands of accountants and professional bookkeepers in the UK, government incited transfer from offline accountancy into online has been either shocking, liberating, challenging or exciting anything but unnoticed.
The course to ultimate accounting automation will only continue gaining pace, confirms Ilya Kisel, the COO of Synder:
We have been working on our software product for accounting automation for a few years, and we only see the demand rising. The interest in smart technology solutions for accounting tasks is growing, not only from the side of entrepreneurs, like e-commerce businesses with thousands of transactions to account for monthly. We are happy to see that people providing professional accounting services have become our loyal customers as well.
When we talk about digitalising accountancy, technological progress is about making peoples lives easier simplifying and streamlining processes that would take more time and effort to complete otherwise. Implementing the right automation technology is the crucial step in the evolution of the industry. It is all about progress, about becoming better, more efficient and profitable in the long run.
We can speculate for a long time about the reasons behind the technological evolution of accountancy, whether it was forced by the official incentives like Making Tax Digital. Or, on the contrary, the digitalisation trend caused such programmes to appear. One thing is clear, what is happening today is the natural course of global economic development. As a result of being an integral part of the financial system, accounting services cant stand avoid these wider trends. Automation is here to stay. What this means for accountants is yet another question worth discussing.
In Synder, we pay special attention to working with accountants, to their needs and problems that they need to solve daily doing their jobs. We want to make sure that these problems can be solved easily by our software.
The best part about automation is that it virtually eliminates the need to repeatedly do mundane tasks manually, such as data entry and reconciliation. All these can seamlessly be performed by our product, which is just a tiny part of its capabilities, and of what it can do for accountants.
Our team is on top of the data synchronisation market. We are parsing almost every transaction detail. The precision is incomparable to any other solution you can possibly use. What is even more important to highlight, our product is working for you, not instead of you. That is the right mindset for the professionals to start embracing technology.
Internal research shows that, despite the elevated comfort and convenience of using software for monotonous tasks, some people are still somewhat reluctant to adopt technology in their day-to-day life.
Understandably, it can be difficult to accept change. Especially when you have been working in a certain way for decades and are accustomed to it. Suddenly, you have to shift your whole perspective and the way you know how things work it is not easy. But it is what needs to be done to stay afloat.
I would say that it is what the pandemic has taught us. Every challenge, every obstacle comes with an inquiry for a change. This change brings in the potential for new opportunities, innovations, and new solutions that help us become even better than we had been before.
One of the greatest concerns, of many who have been doing accounting by hand, is how to get years of data online without losing anything or creating a total mess in the records. But dont let fear stand in the way of transferring your accounting data into an online system. Synder is the product that can help initiate this transition smoothly.
Synder has an actionable solution to help accountants achieve digitalisation in the most untroubled and safe manner. If you have been working in Excel, there is a simple way to import all the data from spreadsheets into accounting software when using Synder.
It doesnt matter how many clients you manage or how many connected payment platforms your clients have. Synder is superior in synchronising data from multiple sources simultaneously without creating duplicates or missing transactions.
If your client is selling on Shopify with PayPal, Synder will reconcile it correctly. It is not a problem to convert currencies for international sales and calculate sales tax either, and you will never get a duplicate with it.
It will become surprisingly easy to manage even the most difficult tasks in Synder. You can save hours of work time and loads of effort once you delegate the data processing duties to the machine.
Accountants can take advantage of such features as smart rules, automatic categorisation, itemisation, and reconciliation. All of which you can have ready in Synder with a few clicks. Generating detailed financial reporting (accurate P&Ls, balance sheets, income by customer statements) becomes a matter of seconds.
Case Study: One of our long-time clients, Anne, an accountant with five years of experience, came to us with the request to upgrade her reporting routine. She needed to streamline the tax calculations and the preparation of financial statements. For this task, we offered Anne to test our upgraded Per Transaction Synchronisation feature. Anne was a bit sceptical at first, because she had tried Per Transaction Sync once before, but with a different tool, and it didnt work well at all. Moreover, she got pretty used to Daily Summary reports and didnt want to get swamped under the loads of data. What we knew for sure was that Daily Summary reporting would not solve her problem at all. Instead, we offered her a free trial to try how Synder does it. When she saw how neat and detailed her Income by Customer reports and tax calculations became, she changed her attitude towards detailed sync immediately. No other tools allowed her to categorise and classify data with the desired level of accuracy before.
The machine accuracy guarantees a stable, predictable and forecasted accuracy in the calculations. The automation can distinguish the gaps, the duplicates, the missing data and help avoid discrepancies.
There is no sound reason for a professional to stay away from the technological changes that are happening in the industry today. Modern software has developed into a smart and helpful assistant, humbly working 24/7, delivering the best results so that accountants can focus on providing a top-notch service, fulfilling analytical, managerial, and consulting tasks for your clients.
Synder helps you feel comfortable in this role, supporting the automation of your accounting processes and transferring clients data online most efficiently and securely. Dont postpone this transition, as the solution is right here.
Synder is FREE to test and has no time limits for your trial period. Sign up now and try the best solution for accounting automation for yourself.
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A new class of functional elements in the human genome? | Penn State University – Penn State News
Posted: at 2:33 pm
UNIVERSITY PARK, Pa. Some regions of the human genome where the DNA can fold into unusual three-dimensional structures called G-quadruplexes (G4s) show signs that they are preserved by natural selection. When G4s are located in the regulatory sequences that control how genes are expressed or in other functional, but non-protein coding, regions of the genome, they are maintained by selection, are more common, and their unusual structures are more stable, according to a new study. Conversely, the structures are less common, less stable, and evolve neutrally outside of these regions, including within the protein-coding regions of genes themselves.
Together, these lines of evidence suggest that G4 elements should be added to the list of functional elements of the genome along with genes, regulatory sequences, and non-protein coding RNAs, among others. A paper describing the study, by a team of researchers led by Penn State scientists, appears June 29 in the journal Genome Research.
There have been only a handful of studies that provided experimental evidence for individual G4 elements playing functional roles, said Wilfried Guiblet, first author of the paper, a graduate student at Penn State at the time of research, and now a postdoctoral scholar at the National Cancer Institute. Our study is the first to look at G4s across the genome to see if they show the characteristics of functional elements as a general rule.
As much as 1% of the genome can fold into G4s, rather than the typical double helix (in comparison, protein-coding genes occupy approximately 1.5% of the genome). G4s are one of several non-canonical shapes into which DNA can fold, collectively known as non-B DNA. The G4 structure forms in DNA sequences rich in the nucleotide guanine, the G in the ACGT alphabet of the genome. G4s have been implicated in several key cellular processes and have been suggested to play a role in several human diseases, including neurological disorders and cancer.
To better understand the function of G4s at a genome-wide scale, the research team looked at their distribution across the genome, their thermostability, and whether or not they showed signs of being under the influence of natural selection, all in relation to other functional elements of the genome. They confirmed that, as a rule, G4s are more common in regions of the genome known to have important cellular functions and that the G4s in these regions are more stable than elsewhere in the genome.
The three-dimensional structure of G4s can form transiently and how stable their structure is depends on their underlying DNA sequence and other factors, said Guilbet. We found that, usually, G4s located within functional regions of the genome tend to be more stable. In other words, its more likely that the DNA is folded into a G4 at any given time and thus, more likely that the G4 is there for a functional reason.
Functional regions of the genome are generally maintained by a type of natural selection called purifying selection. Mutations in these regions could disrupt their function and be harmful to the organism. The mutations therefore are usually eliminated by purifying selection, which keeps the DNA sequence relatively unchanged over time. In nonfunctional regions of the genome, a mutation may have no impact and can persist in the genome without any consequences. These regions of the genome are said to evolve neutrally. Where G4s fall in this spectrum depends on their location in the genome.
We can look at the patterns of change in a DNA sequence among human individuals and between humans and our close primate relatives as a test of natural selection and then use selection as an indicator of function, said Yi-Fei Huang, assistant professor of biology at Penn State and a leader of the research team. Our tests show that G4s located within functional regions of the genome appear to be under purifying selections, which is further evidence that G4s should be considered as functional elements.The only exception from this pattern were protein-coding regions of genes, where G4s are relatively uncommon, rather unstable, and do not evolve under purifying selection. G4s in protein-coding regions of genes might be nonfunctional and costly to maintain.
The research team has recently shown that G4s, along with other types of non-B DNA, have increased mutation rates. The fact that G4s located outside of protein-coding regions are maintained by purifying selection, despite their high mutagenic potential, adds further weight to the evidence for classifying G4s as functional elements.
We think that we are seeing evidence for a paradigm shift for how scientists define function in the genome, said Kateryna Makova, Verne M. Willaman Chair of Life Sciences at Penn State and a leader of the research team. First, geneticists focused almost exclusively on protein-coding genes, then we became aware of many functional non-coding elements, and now we have G4s and possibly other non-B DNA elements. Three-dimensional structure may be just as important for defining function as the underlying DNA sequence.
Defining the full complement of functional genome elements is crucial for interpreting the potential disease consequences not only of inherited genetic variants but also of mutations arising within tissues over the lifetime of individuals, said Kristin Eckert, professor of pathology at the Penn State College of Medicine, co-author of the paper, and member of the research team. The identification of G4s as novel functional elements within the human genome is key to advancing the use of genetics in precision medicine.
In addition to Guiblet, Huang, Makova and Eckert, the research team includes Xiaoheng Cheng (now a postdoctoral researcher at the University of Chicago) and Francesca Chiaromonte, at Penn State, and Michael DeGiorgio at Florida Atlantic University. The study was funded by the U.S. National Institutes of Health, the Clinical and Translational Sciences Institute, the Institute of Computational and Data Sciences, the Huck Institutes of the Life Sciences at Penn State, the Penn State Eberly College of Science, and the U.S. National Science Foundation, and it also was supported by the CBIOS Predoctoral Training Program awarded to Penn State by the National Institutes of Health.
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Scientifically Speaking | 20 years later, what we know about the human genome – Hindustan Times
Posted: at 2:33 pm
Twenty years ago, the first draft of the human genome was published in Nature and Science. The Human Genome Project was the most costly and ambitious biological enterprise in history. Astoundingly, it came in under the budget of $3 billion allocated by the United States Congress in 1990.
In 2003, a more complete genome was publicly released, but gaps remained. At the time, eight per cent of the most challenging and repetitive parts of the 3.057 billion chemical letters of DNA that make up the human genome remained unmapped. Those challenging gaps were finally sequenced and posted this May to much less fanfare.
In the early days of the Human Genome Project, DNA sequences were handwritten in notebook pages and faxed between groups. Keeping pace with early history of the Internet, the Human Genome Project sparked collaboration, open sharing of data, and made bioinformatics mainstream to all biologists.
Also Read: Scientifically Speaking | Knowing how coronavirus hacks cells will help stop it
However, the race to sequence the human genome didnt simply catalyse the creation of the infrastructure and tools needed to handle large amounts of data. It also accelerated the development of new fields such as genomics, systems biology, and computational biology. Today, sequencing genomes is a million times cheaper than it was two decades ago. Consequently, millions of people have had their genomes sequenced.
Genomes have helped in ancestry analyses and in identifying risk factors for diseases. With faster and cheaper DNA sequencing, we have entered the era of personalised medicine, which allows for individualised therapies that target molecular signatures of diseases that vary from person to person. Next-generation sequencing has also allowed us to design molecular vaccines, and to track mutations in viruses and variants during the current pandemic.
Genes are the functional units of the genome that contain instructions for how to make proteins. Scientists initially thought that the human genome would contain 50,000 to 100,000 genes. It came as a surprise to us that our genomes are nowhere close to being the largest, nor do they contain the most genes. With a genome of 43 billion base pairs (14 times larger than the human genome), the Australian lungfish an air-breathing distant relative of the first fish that walked on land 380 million years ago holds the distinction of the largest animal genome sequenced.
Humans have around 20,000 to 30,000 gene (depending on how a gene is actually defined) and each gene gives rise to three proteins on average. But even at the higher end of the range, this means that genes make up only one per cent of our genomes.
We made pivotal discoveries in the first decade of the draft human genome. We know that the 99% of the genome that doesnt code for genes is not fluff. Parts of it act as dials controlling the activity of genes. We also know there are switches that arent embedded in DNA which can respond to environmental signals to change the fate of cells. This extra layer on top of our genetics is spawning research in the field of epigenetics.
But in my view, the biggest development in genomics came in the second decade of the century from outside the field, with the discovery of the tools to edit the genome itself. This genome editing technology, called CRISPR, which won its discoverers the Nobel Prize in Chemistry last year, allows us to edit any part of the human genome.
Earlier this year, the New England Journal of Medicine published landmark research on two patients who received CRISPR gene-editing based therapy for sickle-cell disease and beta thalassemia. Both patients seem to have been cured of these severely debilitating genetic disorders, a truly monumental breakthrough. Doctors removed stem cells from bone marrow and edited a faulty gene using CRISPR. Billions of gene-edited cells were introduced into patients bodies.
On Saturday, the same journal published interim results on the treatment of amyloidosis with CRISPR. With the ability to edit genes inside the body directly, we have entered the genome editing era.
We know we can edit human genomes. But we do not know enough about the effects of making gene changes for complex diseases. Most diseases are not like sickle cell disease and beta thalassemia: they do not have a clear relationship between one gene and its effects. Instead, most diseases progress through the effects of multiple genes and environmental factors.
Right now, much of the medical applications of genomics are geared to genes of known function. But there are many genes for which we dont know function yet. An ambitious goal for the next decade would be to find out what the remaining genes actually do. An even more ambitious (and likely unachievable) goal would be to map the network of how genes interact with one another and with the rest of our cells.
In addition, some of the unbridled optimism that many diseases would be cured easily once the genome had been sequenced is gone, firmly replaced by the understanding that human biology is more complex and messy than we had realised back then.
Finally, we cannot lose sight of concerns in science that correlate with inequities in broader society. Who benefits from discoveries made from genomics? People of African ancestry, for example, are the most genetically diverse people on the planet. The rest of us are descendants of small populations that survived the journey out of Africa around 60,000 years ago. Yet people of African ancestry are underrepresented in genomic databases, which contain a disproportionate number of sequenced genomes of people of European ancestry. Just as vaccines are a common resource for all humans, so should genomes be.
Anirban Mahapatra, a microbiologist by training, is the author of COVID-19: Separating Fact From Fiction.
The views expressed are personal
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The personal touch: genomics and the fight against cancer – Raconteur
Posted: at 2:33 pm
What you now see is that every cancer is a rarecancer.
So says Emile Voest, professor of medical oncology at the Netherlands Cancer Institute, who was writing in the journal Nature. Voest was highlighting a revolutionary change in cancer treatment over the past decade: the advancement ofgenomics.
Genomics is the study of how genes interact with one another and the environment. It has already had a massive impact in oncology. For example, Voest notes that 12 years ago, lung cancer was classified as either small cell or non-small cell. Today, its identified by nearly 30 genomic mutations orchanges.
Identifying specific mutations in patients marks a radical shift from one-size-fits-all treatment towards more personalised therapy. For example, it could provide treatments for colorectal cancer with mutations in the so-called KRAS gene, which dont respond to some standard therapies. Likewise, acute myeloid leukaemia carries mutations that make it resistant to drugs known as isocitrate dehydrogenase inhibitors; genomics could offeranswers.
Cancer is far more complex than even the most visionary of scientists everimagined.
Twenty years ago, for example, researchers speculated that germ cell testicular cancer might be attributable to a single gene. However, a team led by Professor Clare Turnbull of the Institute of Cancer Research in London has found more than 40 genomic variants associated with thedisease.
Small wonder, then, that so many experts see such importance in genomics. And there has been significant progress. For example, Turnbull was clinical lead on the 100,000 Genome Project, which sequenced 100,000 genomes from more than 80,000 NHS patients with cancer or a rare disease. This yielded potential research leads in nearly half the cancer patients takingpart.
To understand why all this is so remarkable, its important to understand the context. The initial sequencing of the full human genome took more than 10 years and cost in excess of 2 billion. Using a blood sample, an individuals genome can now be sequenced in a day for less than 700.
Genomic medicine is already saving lives in a multitude of ways. Take DYPD, a gene mutation carried by roughly 10% of the UK population that can make chemotherapy harmful to the bone marrow, potentially killing the patient. Genomics advances mean doctors can now test patients for the mutation at a cost of 50 each, saving lives and cutting costs for the NHS, notes Andrew Beggs, professor of cancer genetics and surgery in the Institute of Cancer and Genomics Sciences at the University of Birmingham.
However, Beggs worries about a lack of public and even professional awareness about the scope for cancer prevention. For example, Lynch syndrome is a genetic condition that can increase the risk of bowel cancer by up to 80%. It also increases the risk of ovarian, womb and other cancers. Beggs, who runs a Lynch syndrome clinic, says its a relatively common condition, affecting about 1% of the UK population, but most are not aware ofit.
One reason for this is cultural. Most people think of the NHS as an institution they turn to when they are feeling sick, but genomic medicine points to a future when there will be an ever bigger emphasis on preventive medicine. Increasingly, families with a history of genetically linked cancers will be asked to undergo testing and any necessary treatment to prevent the cancers developing at all. But Beggs says that some patients fear screening because they do not want to face up to the idea that they could be at risk from a fataldisease.
Most people want to find out if they are at risk, but the people who dont want to know tend to be in their late teens and early 20s. You can understand this. They are young and believe it will never happen to them. But some are scared, heexplains.
The answer, he says, lies in education of both healthcare professionals and patients. GPs have a critical role to play in identifying families atrisk.
There are advantages to the NHS too. A single round of chemotherapy in a private hospital can cost up to 3,000, while cancer drugs cost the NHS more than 2bn a year. While a single genomic treatment could cost up to 20,000, thats cheaper than putting a patient through hospital admissions with say five or six rounds of chemotherapy that dont work and that cause significant side effects, Beggsnotes.
Oncology used to be like sharp-pointed sticks and rocks. We now have more finesse and have moved to the medical equivalent of ascalpel
Statins, the widely prescribed cholesterol-lowering drugs, are another example of a cheap therapy that has been found to have a beneficial effect in genomic treatment. Costing as little as four pence per tablet, statins have been shown to reduce levels of P53, a tumour suppressor gene. P53 mutations can cause cancer cells to grow andspread.
Statins are an example of repurposed drugs old medicines used in new ways that have long-established safety records. They can avoid the need for expensive new medicines. About 25,000 new substances are tested for every marketed medicine that makes enough money to pay for its development.
Genomic drug testing is also changing clinical trial design. Traditional trials usually compare one drug with another, with patients divided into treatment groups. They remain on the trial from the start to the end perhaps for several years irrespective of whether it is helpingthem.
The ongoing National Lung Matrix Trial could change this. Through the trial which is based on 11 treatment arms using different drugs University of Birmingham researchers match various treatments to different groups of lung cancer patients according to genetic changes in their cancers. If a particular drug isnt working, that treatment arm is closed and a new one may be introduced. If a patient doesnt respond to drug A, they can be switched to drug B. They may be in and out of the trial within twomonths.
In a traditional trial, patients receive broad spectrum chemotherapies that dont work half the time, Beggs says. Oncology used to be like sharp-pointed sticks and rocks. We now have more finesse and have moved to the medical equivalent of ascalpel.
Thirteen regional genomic centres are now operating in England. One of their goals is to identify the patients who may benefit most from from genomic testing. Another is to ensure more effective use of medicines, not just in cancer, but in all health care. The NHS medicines bill was about 17 billion a year. However, 50 per cent of medicines are not taken as prescribed and one in 15 hospital admissions occur because of adverse drug reactions according to a recent report in the Pharmaceutical Journal.
What is also disturbing is that the effectiveness of drugs overall ranges between 30 to 50 per cent. Advances in cancer genomics is explaining why so much conventional chemotherapy fails it does not target the right mutations. Hopefully, genomics will also lead to kinder treatments. Severe side effects arising from cancer therapy are all toocommon.
There is, of course, still a long way to go before the genomic revolution meets its full potential, but the success so far would have been unimaginable just a few yearsago.
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The personal touch: genomics and the fight against cancer - Raconteur
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Genomic Testing Cooperative Announces Collaboration with Elevation Oncology to Expand Comprehensive Genomic Testing for NRG1 Fusions Across Solid…
Posted: at 2:33 pm
IRVINE, Calif.--(BUSINESS WIRE)--Genomic Testing Cooperative, a first-in-class diagnostic company based on a cooperative business model (Co-Op) using the most recent advances in NGS technology, announced today a collaboration with Elevation Oncology to enhance identification of patients with any solid tumor harboring an NRG1 fusion who may be eligible for enrollment in the Phase 2 CRESTONE study.
GTCs business is based on a cooperation model and has partnerships with multiple Co-Op members, all offering identical menus as GTC. This identification of patients with tumors harboring an NRG1 fusion is extended to all Co-Op members laboratories including Anthology Diagnostics in Edison, NJ and Key Genomics Laboratory at the John Theurer Cancer Center. Patients identified at these sites may be eligible for referral into the CRESTONE study.
Our goal is to provide comprehensive actionable molecular profiling so patients and their treating physicians can personalize therapy and select the proper treatment that has the potential of improving outcome, stated Dr. Maher Albitar, GTC Chief Executive Officer and Chief Medical Officer. The Co-Op model allows us to enable all members of the Co-Op to update their offering and make testing for NRG1 fusion available to their patients.
We believe that comprehensive biomarker testing of DNA and RNA is critical to give each patient their best chance of getting matched with a precision medicine, said Shawn Leland, PharmD, RPh, Founder and Chief Executive Officer of Elevation Oncology. We are pleased to add Genomic Testing Cooperative to our growing community of collaborators, who share our vision of profiling every patients tumor to identify genomic driver alterations that may be actionable.
The Solid Tumor Profile Plus offered by GTC combines the analysis of DNA with RNA to provide comprehensive evaluation of cancer that includes detection of single nucleotide variation, copy number variation, expression and fusion. This includes testing of abnormalities in 434 DNA genes and 1408 RNA genes.
Under the terms of the agreement, GTC will help Elevation Oncology identify patients with advanced solid tumors that harbor an NRG1 fusion for participation in Elevation Oncologys CRESTONE trial. Eligible patients will be referred to active clinical trial sites in Elevation Oncologys Phase 2 CRESTONE trial of seribantumab in adult patients with recurrent, locally advanced or metastatic solid tumors that harbor an NRG1 fusion.
Patients and physicians can learn more about the CRESTONE study at http://www.nrg1fusion.com or on http://www.ClinicalTrials.gov under the NCT number NCT04383210.
About Genomic Testing Cooperative, LCA
Genomic Testing Cooperative (GTC) is a privately-owned molecular testing company located in Irvine, CA. The company operates based on a cooperative (co-op) business model. Members of the co-op hold type A shares with voting rights. The company offers its patron members a full suite of comprehensive genomic profiling based mainly on next generation sequencing. Molecular alterations are identified based on rigorous testing with the aid of specially developed algorithms to increase accuracy and efficiency. The clinical relevance of the detected alterations is pulled from numerous databases using internally developed software. Relevance of findings to diagnosis, prognosis, selecting therapy, and predicting outcome are reported to members. The co-op model allows GTC to make the testing and information platform available to members at a lower cost because of a lower overhead. For more information, please visit https://genomictestingcooperative.com/.
Forward Looking Statements
All of the statements, expectations and assumptions contained in this press release are forward-looking statements. Such forward-looking statements are based on the GTC managements current expectations and includes statements regarding the value of comprehensive genomic profiling, RNA profiling, DNA profiling, algorithms, therapy, the ability of testing to provide clinically useful information. All information in this press release is as of the date of the release, and GTC undertakes no duty to update this information unless required by law.
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Genomic Testing Cooperative Announces Collaboration with Elevation Oncology to Expand Comprehensive Genomic Testing for NRG1 Fusions Across Solid...
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Euformatics Expands to China With INSVAST Distribution Deal – GenomeWeb
Posted: at 2:33 pm
NEW YORK Euformatics said Wednesday that it is continuing its global expansion by moving into China via a distribution deal with INSVAST. INSVAST, an acronym for its official name of Shanghai Yi Shuo Information Technology, sells bioinformatics products to next-generation sequencing laboratories in China.
The distribution agreement covers Euformatics' entire Omnomics suite of interpretation and validation software for NGS. It gives Shanghai-based INSVAST, which already distributes products from secondary analysis firm Sentieon, a more complete line of genomic interpretation software to sell.
"INSVAST already has a strong network of connections with the NGS bioinformatics sphere in China, and we are sure that they are well placed to bridge the gap between those labs looking for quality NGS bioinformatics tools and what we have to offer," Euformatics CEO Tommi Kaasalainen said in a statement. "The fact that INSVAST is already successfully working with other bioinformatics providers which our products complement means that the value proposition to customers is even stronger."
Eric Lee, cofounder and chief engineer of INSVAST, said that Euformatics allows his firm to round out its NGS bioinformatics product line. "We believe that by combining [Euformatics'] OmnomicsQ with the analytical power of OmnomicsNGS, we can ensure that laboratories running NGS in China produce impactful results, making a real difference to patient lives and the way we treat diseases," Lee said.
Espoo, Finland-based Euformatics has struck several distribution deals in the last two years.
A month ago, thefirm entered into a distribution agreement with A&C Group to offer its products in Bolivia, Peru, and Paraguay. That deal expanded Euformatics' presence in Latin America, which already included Brazil by virtue of a Marchdistribution agreement with Sntese Biotecnologia.
Euformatics moved into Central Asia, the Middle East, and Africa in late 2019 via anagreementwith Dubai-based Alliance Global (AGBLGroup).
The company has also expressed a desire to sell its products in Southeast Asia. Kaasalainenspecifically namedSingapore, Thailand, and Malaysia as near-term targetsbut did not rule out other countries.
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Foundation Medicine Integrates Genomic Profiling with Flatiron Health’s EMR – HIT Consultant
Posted: at 2:33 pm
What You Should Know:
FoundationMedicine(FMI)announced todayit will begin integrating with Flatiron Health and other electronic medical record (EMR) systems to make it easier for oncologists to order comprehensive genomic tests (CGP), review results, continually access clinical and genomic information and share among their care teams in order to quickly and efficiently develop personalized treatment plans for their patients.
This integration, the first of a series planned by Flatiron, will support more efficient clinical decision making by allowing electronic ordering, order tracking and receipt ofFoundationMedicines CGP test results all within the OncoEMR platform.
Why It Matters
With the number of targeted cancer treatments growing exponentially, CGP is often the first step to determine the best treatment options for patients based on the genomic make-up of their cancer. As 95% of all oncology practices use an EMR system, integrating CGP within these medical record systems will streamline a doctors ability to order and track these tests, which can then help guide them in making personalized treatment plans for their patients.
The two companies are planning similar integrations with other CGP platforms and EMRs, respectively, in the oncology space, with the goal of helping every patient to realize the benefit of precision cancer care. These workflow-streamlining integrations are being designed by clinical and product experts in partnership with oncology practices.
With the number of targeted treatments growing exponentially, the opportunity for cancer care transformation has never been greater. Clinicians increasingly rely on genomic insights to guide clinical decision-making, andFoundationMedicineis committed to implementing new solutions that enable widespread access to CGP, said Kathleen Kaa, Interim Chief Commercial Officer atFoundationMedicine. The integration ofFoundationMedicinetests into OncoEMR, and other leading EMR systems to follow, is just one way were improving our offerings to fuel precisionmedicinefor cancer patients. The integrations will create efficiencies for oncology healthcare teams to deliver precision treatment plans based on individual genomic insights to their patients.
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Kinston man charged with insurance fraud involving burned car he reported stolen Neuse News – Neuse News
Posted: June 28, 2021 at 10:56 pm
According to the arrest warrant, Edmondson falsely reported to the insurance company and Kinston police that the car was stolen. He also received the use of a rental vehicle, costing the insurance company $649.48, the warrant says.
The offenses occurred between Oct. 13, 2020, and Nov. 2, 2020.
Special agents and Kinston police arrested Edmondson on June 22. He was given a $5,500 secured bond. He is due in Lenoir County District Court on June 25.
Insurance fraud is not a victimless crime; we all pay for it through higher insurance premiums, said Commissioner Causey. Help us keep insurance premiums low by reporting suspected fraud.
If you suspect insurance fraud or other white-collar crimes, you can report it anonymously by calling the N.C. Department of Insurance Criminal Investigations Division at 919-807-6840. Information is also available atwww.ncdoi.gov.
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