The firm is looking to expand to other markets. In January 2023, ACT received the United States Food and Drug Administration (US FDA) clearance for ACTOnco, making it the first Asia-based company to receive clearance for a comprehensive genomic profiling test for all solid tumours. Walt Ling, CEO, ACT Genomics, shares with BioSpectrum Asia about the company mission, how its acquisitions by Prenetics have changed the operational dynamics, and Asia's cancer diagnosis landscape. Edited excerpts:
Can you share the solutions that ACT Genomics provides?
ACT Genomics is a leading biotech company that focuses on cancer genomics. Using advanced next-generation sequencing (NGS) platforms and sophisticated bioinformatics, we translate genetic data into actionable insights for clinical and research purposes. Our diagnostic and monitoring tools are focused on treatment selection. By integrating genomic analysis into clinical practice, we enable personalised medicine approaches that consider each patient's unique genetic profile, allowing for more targeted and effective treatments tailored to individual needs.
ACT Genomics has established collaborations with a wide range of stakeholders, including clinical professionals, pharmaceutical companies, and research institutes. How do these partnerships contribute to the company's growth and innovation strategy?
Battling cancer is a tough journey, and understanding what cancer patients go through is a top priority for us. This philosophy underpins our commitment to building an ecosystem of partners within the healthcare industry. We can better develop and deliver our tests more effectively and unlock the full potential of genetic medicine for every patient.
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