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ACT Genomics and LSI Medience Sign MOU to form a Strategic Partnership and Collaborate in the Japanese Market

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ACT Genomics and LSI Medience Sign MOU to form a Strategic Partnership and Collaborate in the Japanese Market
Business

Business

ACT Genomics and LSI Medience Sign MOU to form a Strategic Partnership and Collaborate in the Japanese Market

2024-07-01 15:00 Last Updated At:15:15

TOKYO, July 1, 2024 /PRNewswire/ -- ACT Genomics Co. Ltd. (headquarters: Neihu District, Taipei City, Taiwan, R.O.C. , CEO: Walt Ling, hereafter ACTG), a leader in comprehensive cancer genomic profiling, and LSI Medience Corporation (headquarters: Minato-ku, Tokyo, President: Kenichi Uchino, hereafter LSIM), a wholly-owned subsidiary of PHC Holdings Corporation (headquarters: Chiyoda-ku, Tokyo, Japan), announce that they have signed a Memorandum of Understanding (MOU) to collaborate in the Japanese market. This strategic partnership marks a significant step forward in advancing personalized medicine in Japan.

The MOU formalizes the intent of both companies to explore collaborative opportunities in genomic and clinical testing services tailored to the Japanese healthcare landscape. This partnership aims to leverage ACTG's expertise in genomic profiling technologies and LSI Medience's robust capabilities in clinical testing and services for medical and research institutions.

The collaboration will initially focus on integrating genomic profiling into clinical research practices and provide Japanese researchers with personalized and effective information. Further details about the collaboration, including specific projects and initiatives, will be disclosed at a later date as soon as those are determined.

"We look forward to the partnership with LSI Medience to enhance the impact of precision medicine in Japan," said Walt Ling, CEO of ACTG. "This collaboration aligns with our mission to provide innovative and tailored solutions that improve patient outcomes. Together, we hope to set new standards in the field of precision medicine"

Kenichi Uchino, President of LSIM, also expressed enthusiasm about the partnership, stating, "By combining our strengths, we accelerate technological innovation and are poised to make significant advancements in medical services. This collaboration represents a commitment to contribute positively to the healthcare industry in Japan."

About ACT Genomics

ACT Genomics is a world-leading genomic test solution provider. Our mission is to make personalized medicine accessible to all. ACT Genomics offers precision medicine services globally. Combining tumor biology, cancer genomics, and bioinformatics experts to provide treatment guidelines for solid tumors, relapse, and drug resistance, as well as cancer monitoring, risk assessment, and immunotherapy evaluation. ACT Genomics is dedicated to turning every cancer patient's genetic information into actionable resolutions through cutting-edge next-generation sequencing (NGS) platforms, bioinformatics analysis, and comprehensive service offerings.

URL: www.actgenomics.com/

About LSI Medience

LSI Medience, a Japanese subsidiary of PHC Holdings Corporation (TSE 6523), was established in 1975. With Clinical Testing as its main businesses, LSIM strives to create new solutions by leveraging its power of analytical capabilities developed over many years in various testing fields. Contributing to the prevention, early detection, and treatment of diseases, LSIM is also actively engaged in initiatives to support next-generation medical care, such as personalized medicine.

URL: www.medience.co.jp/english/

About PHC Holdings Corporation (PHC Group)

PHC Holdings Corporation (TSE 6523) is a global healthcare company with a mission of contributing to the health of society through healthcare solutions that have a positive impact and improve the lives of people. Its subsidiaries include PHC Corporation, Ascensia Diabetes Care Holdings AG, Epredia Holdings Ltd., LSI Medience Corporation, Wemex Corporation, and Mediford Corporation. Together, these companies develop, manufacture, sell and service solutions across diabetes management, healthcare solutions, diagnostics and life sciences. The consolidated net sales in FY2023 were JPY 353.9 billion with global distribution of products and services in more than 125 countries and regions. PHC Group is a collective term referring to PHC Holdings Corporation and its subsidiaries.
URL: https://www.phchd.com/global

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

ACT Genomics and LSI Medience Sign MOU to form a Strategic Partnership and Collaborate in the Japanese Market

ACT Genomics and LSI Medience Sign MOU to form a Strategic Partnership and Collaborate in the Japanese Market

DCI Indonesia's expansions, backed by its focus on industry best practices, sustainability, and alignment with customer trends, reinforce its strategic advantage.

SAN ANTONIO, July 3, 2024 /PRNewswire/ -- Frost & Sullivan recently analyzed the data center services industry and, based on its findings, recognized DCI Indonesia with the 2024 Company of the Year Award for a fifth consecutive time. The company is the leading data center services provider in Indonesia, offering best-in-class, scalable, and reliable data center colocation services and solutions. Its portfolio includes colocation, bare metal, physical security, data center connectivity, cooling, and power management to improve operational excellence, enabling customers to grow and thrive. The company supports a diverse client base, including global cloud service providers, major e-commerce and social media companies, telecommunication service providers, financial services industries, and enterprises from various verticals.

DCI currently offers 83 megawatts (MW) of power capacity across Cibitung, Karawang and Jakarta, where clients can directly connect with 4 of the world's biggest cloud platforms. The DCI Indonesia Platform maximizes headcount efficiency in data center operations and provides customers with improved power usage effectiveness and energy cost stability. Furthermore, DCI offers Renewable Energy Certificates (RECs), as well as green energy from biomass and solar farms as they lead the sustainability front in the industry.

Nishchal Khorana, global vice president and program leader for ICT at Frost & Sullivan, observed, "DCI Indonesia reinforces its strategic advantage with a compelling value proposition of tailored solutions and carrier-neutral facilities–the highest Tier IV service quality, best practice AI-driven operations, and competitive pricing. The company is an established data center operator with a 100% power uptime track record for over a decade, trusted by hundreds of clients in its portfolio to house their most critical IT infrastructure."

DCI Indonesia is a member of a global business community that meets high social and environmental impact standards. With its sterling reputation and a client-centric approach at its core, it establishes ongoing trust with customers and fosters long-lasting relationships that extend throughout the data center service lifecycle. The company generates over USD $90 million in revenue, achieving at least 25% year-on-year growth with an impressive net profit margin. Its stellar growth momentum and trajectory are a testament to its service leadership, its ability to earn client trust and loyalty, and its capability to capture market share. The company is well-positioned to drive the data center service space into its next growth phase, capturing market share and sustaining its strategic leadership in the coming years.

"DCI Indonesia pioneers the highest standards, enabling its scalable, reliable, and carrier-neutral capabilities and services to meet clients' ever-evolving digital infrastructure needs. Backed by its focus on operational excellence and sustainability, the company continues to expand in Indonesia," added Riana Barnard, Best Practices Research Analyst.

Each year, Frost & Sullivan presents a Company of the Year Award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration.

Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare industry participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the sector.

About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, megatrends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:
Tarini Singh
P: +91-9953764546
E: tarini.singh@frost.com

About DCI Indonesia 
PT DCI Indonesia Tbk (DCI) is the first Tier IV data center in Southeast Asia that provides secure data center infrastructure services, guaranteeing a 99.999% SLA colocation or only five minutes of downtime per year. As a neutral data center operator, DCI is supported by 70+ network service providers. DCI Platform has 7 data centers in 3 locations: Cibitung, Karawang, and Jakarta with a total potential power capacity approaching 1,000 megawatts (MW).

With world-class operating standards, and equipped with state-of-the-art data center equipment, DCI provides maximum availability for customers to access their critical assets. This includes financial institutions, network service providers, e-commerce players, cloud service providers, and companies from other sectors. DCI has maintained a 100% uptime track record since its establishment. This performance stems from the proven experience of the leadership team in information technology, data center services, and infrastructure management, spanning over 25 years.

The demand for data centers in Indonesia continues to grow rapidly. DCI responds to this by committing to build sustainable data centers across its existing and new locations.

Contact:
DCI Marketing
E: marketing@dci-indonesia.com

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

DCI Indonesia Awarded by Frost & Sullivan for World-class Operational Excellence, Enabling Customers to Grow and Thrive, and Securing a Market-leading Position

DCI Indonesia Awarded by Frost & Sullivan for World-class Operational Excellence, Enabling Customers to Grow and Thrive, and Securing a Market-leading Position

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