SOPHiA GENETICS Announces Major Expansion in the United States with the Signing of Two Major Integrated Health Systems
SOPHiA GENETICS (NASDAQ: SOPH) announced the addition of two major U.S. integrated health systems to its network, expanding use of the AI-native, cloud-based SOPHiA DDM™ across West Coast and Midwest laboratories.
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Rhea-AI Summary
SOPHiA GENETICS (NASDAQ: SOPH) announced the addition of two major U.S. integrated health systems to its network, expanding use of the AI-native, cloud-based SOPHiA DDM™ across West Coast and Midwest laboratories.
The institutions will initially launch genomic testing for up to 60,000 patients annually, use Enhanced Exome for analysis of over 20,000 genes, and together serve a combined population of nearly one million cancer and rare disorder patients.
Positive
- Capacity to support genomic testing for up to 60,000 patients annually
- Onboards two major U.S. health systems, including a top-10 lab
- Enhanced Exome analytics covering over 20,000 genes
- Combined reach covers nearly one million cancer and rare-disorder patients annually
Negative
- None.
Details
News Market Reaction – SOPH
On Feb 10, the day this news came out, SOPH closed 1.44% below the previous close.
Data tracked by StockTitan Argus for the Feb 10 session.
Key Figures
- Annual genomic testing volume
- up to 60,000 patients annually
- Initial genomic testing rollout across West Coast and Midwest health systems
- Genes analyzed
- over 20,000 genes
- Enhanced Exome application for full-exome analysis on SOPHiA DDM
- Patient population served
- nearly one million patients annually
- Combined cancer and rare disorder patients at the two health systems
Historical Context
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Multiple BIG Innovation Awards for advanced coatings technologies and sustainability benefits.
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Preliminary 2025 results, 2026 revenue and EBITDA guidance, and planned CEO transition.
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Strategic collaboration with MD Anderson to co-develop AI-driven oncology NGS tests.
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Integration of MSK-IMPACT and MSK-ACCESS assays on DNBSEQ-T1+ using SOPHiA DDM.
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Co-marketing of MSK assays with SOPHiA DDM on DNBSEQ-T1+ targeting precision oncology labs.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
genomic medical
exome medical
bioinformatics medical
AI-generated analysis. How Rhea-AI works. Not financial advice.
The two new institutions, which collectively analyze millions of genetic samples annually, include one of the leading nonprofit, multi-region integrated healthcare systems in the
By adopting SOPHiA DDM™, the two institutions will initially launch genomic testing for up to 60,000 patients annually across the West Coast and Midwest, enabling faster diagnosis and more personalized care for individuals living with hereditary cancers and rare diseases.
Both health systems will utilize SOPHiA DDM™ for Enhanced Exome, an AI-driven analytics application that supports comprehensive full-exome analysis for over 20,000 genes while enabling the ability to dive deeper into clinically relevant regions. With these capabilities directly embedded into their laboratory workflows, the institutions aim to expedite testing turnaround times, streamline operational costs, and expand internal research and innovation initiatives.
John Carey, Managing Director,
Going forward, this collaboration positions both organizations with a scalable foundation to support future expansion of AI-driven precision medicine. Each year, these organizations serve a combined population of nearly one million cancer and rare disorder patients nationwide.
SOPHiA GENETICS continues to strengthen its presence in
For more information on SOPHiA GENETICS, visit SOPHiAGENETICS.com or connect on LinkedIn.
About SOPHiA GENETICS
SOPHiA GENETICS (Nasdaq: SOPH) is a cloud-native healthcare technology company on a mission to transform patient care by expanding access to data-driven medicine globally. It is the creator of the SOPHiA DDM™ Platform, which analyzes complex genomic and multimodal data and generates real-time, actionable insights for a broad global network of hospital, laboratory, and biopharma institutions. For more information, visit SOPHiAGENETICS.com and connect with us on LinkedIn.
SOPHiA GENETICS products are for Research Use Only and not for use in diagnostic procedures unless specified otherwise. The information in this press release is about products that may or may not be available in different countries and, if applicable, may or may not have received approval or market clearance by a governmental regulatory body for different indications for use. Please contact support@sophiagenetics.com to obtain the appropriate product information for your country of residence.
Forward-Looking Statements
This press release contains statements that constitute forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding SOPHiA GENETICS future results of operations and financial position, business strategy, products and technology, partnerships and collaborations, as well as plans and objectives of management for future operations, are forward-looking statements. Forward-looking statements are based on SOPHiA GENETICS' management's beliefs and assumptions and on information currently available to the company's management. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors, including those described in the company's filings with the
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SOURCE SOPHiA GENETICS
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