PrecisionLife Limited, an Oxford-based global tech company generating deep insights into disease biology, is delighted to announce that it has been named a winner at the British Data Awards 2022. PrecisionLife was chosen by a prestigious panel of judges as the winner of Analytics Company of Year, for its unique AI and combinatorial analytics that is driving precision medicine in chronic diseases.
The British Data Awards is an annual campaign that recognizes leading British innovators and celebrates the organizations and people that are deeply passionate about data. Organizations taking part this year include FTSE 100 giants, tech unicorns, innovative start-ups, large public sector bodies, agile not-for-profits, and everything in between.
PrecisionLife was nominated for the unique ability of its AI and combinatorial analytics platforms to drive innovation in drug discovery and healthcare that is enabling precision medicine for chronic diseases.
Outside of cancer and rare disease, the impact of genomic medicine has until now been lower than it was originally hoped. This has limited the potential for precision medicine in more complex chronic diseases, such as COVID-19, Alzheimer’s disease, and diabetes, which account for over 80% of all healthcare costs.
Chronic diseases exhibit a wide spectrum of symptoms, and their diagnoses contain multiple patient subgroups with different disease drivers. This complexity means that common analysis approaches, like Genome-Wide Association Studies, are unable to understand and treat their causes, resulting in millions of patients with unmet medical needs.
PrecisionLife’s analytics uncover the biological drivers of disease – finding more signal inpatient datasets than any other approach to stratify complex chronic diseases into multiple patient populations at an unprecedented level of resolution. This unique capability is crucial to supporting biopharma and healthcare companies with the discovery and development of effective precision medicines for chronic diseases.
Other finalists in the British Data Awards Analytics Company of the Year category included Effini, Snowplow Analytics, Swim, and The Smart Cube.
Winners were announced in 19 categories, earlier this month, at a ceremony at The Lansdowne Club, London. During the event, the award was collected by PrecisionLife’s Chief Medical Officer, Dr. Véronique Bouchet, and Senior Portfolio Manager, Krystyna Taylor.
After winning the award, Dr. Bouchet, PrecisonLife’s Chief Medical Officer, Dr. Véronique Bouchet said: “Our analytics enable a deeper understanding of how biology is driving disease within patients. With these unique insights, we’re helping to create better, more personalized treatments for chronic diseases, and improve diagnosis and the selection of the best medicines for individuals. With so many innovative companies nominated, it is a fantastic achievement to be recognized for our work with this award.”
Jason Johnson, Co-Founder of Predatech, organizers of the Awards, and British Data Awards judge said: “Our quest to uncover data success stories has once again served as a reminder of the talent, passion, and sheer ingenuity that runs deep through the arteries of the United Kingdom. I’d like to extend my congratulations to all of our 2022 Winners.”
Dr. Steve Gardner, CEO, and Co-founder of PrecisionLife said: “This is fantastic recognition of the fabulous work done by the whole team innovating the way we analyze patient data for chronic diseases such as COVID-19, endometriosis, diabetes, Alzheimer’s, ALS, schizophrenia, and many others. The team and our many collaborators and partners have worked tirelessly to deliver data analytics that is driving the discovery of better, more personalized drugs and diagnostics that will help people to live longer, healthier lives.
Other awards included King’s College Hospital NHS Foundation Trust being named Healthcare Organisation of the Year. A full list of award categories and winners can be found HERE.