Welcome!

@CloudExpo Authors: Zakia Bouachraoui, Liz McMillan, Yeshim Deniz, Pat Romanski, Elizabeth White

News Feed Item

Inventages Announce They Are Working with SAP to Develop the Next Generation of Personalized Medicine Companies

Inventages (a global healthcare venture capital fund backed by Nestlé) announced today that they are working with SAP AG to integrate a comprehensive and mechanism-based approach to disease management with best-in-class IT frameworks to develop the next generation of personalized medicine companies.

Personalized medicine uses genetic and non-genetic information, such as environmental factors, to individualize the prevention, diagnosis, and treatment of disease. However to date, these solutions have typically been fragmented and incomplete, only addressing a subset of influencing factors. The personalized medicine solutions of the future will be holistic; integrating a patient’s genomic information, medical history, environmental and lifestyle factors. This holistic approach to managing disease will require the integration of multiple data sources and the structuring and analysis of large data volumes. This capability will be a key differentiator in ensuring the success and longevity of a personalized medicine solution.

This collaboration between a global healthcare venture capital fund and one of the world’s leading IT companies aims to provide emerging healthcare companies with both capital and extensive expertise and resources. The collaboration plans to leverage Inventages’ experience in developing highly efficacious clinically validated products and SAP’s expertise in building and operating complex IT platforms and ecosystems.

“Inventages has been looking at personalized medicine for several years and consequently we recognize that the future of disease management needs to be holistic; all of the factors that influence a patient’s health need to be considered. Inventages and SAP are aligned in their vision to advance personalized medicine through the use of information technology. This collaboration plans to provide our companies with access to SAP’s unique capabilities and resources in mobile, cloud and big data processing,” said Dr Gunnar Weikert, Chairman and Managing Partner of Inventages.

“We are excited about this opportunity to collaborate with Inventages and Nestlé, and combine our complementary capabilities in healthcare and IT,” said Dr. Stefan Sigg, senior vice president, SAP HANA®, SAP AG. ”Inventages and Nestlé bring deep unbiased expertise in healthcare technology development including the design and running of clinical trials, as well as navigation of the complex regulatory and reimbursement environments. We are confident that this collaboration will help to identify and develop innovative healthcare solutions with the goal of improving people’s lives.”

About Inventages

  • Inventages is a global healthcare venture capital fund backed by Nestlé
  • Investments are focused on highly effective, safe therapeutics and technologies that stand to radically improve the practice of medicine.
  • Particular areas of focus are chronic diseases such as gastrointestinal disease, brain health, and metabolic disease, which constitute the major burden on healthcare systems, as well as pediatrics, critical care and aging.

# # #

SAP and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries.

All other product and service names mentioned are the trademarks of their respective companies.

SAP Forward-looking Statement

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

CloudEXPO Stories
This is going to be a live demo on a production ready CICD pipeline which automate the deployment of application onto AWS ECS and Fargate. The same pipeline will automate deployment into various environment such as Test, UAT, and Prod. The pipeline will go through various stages such as source, build, test, approval, UAT stage, Prod stage. The demo will utilize only AWS services including AWS CodeCommit, Codebuild, code pipeline, Elastic container service (ECS), ECR, and Fargate.
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading these essential tips, please take a moment and watch this brief video from Sandy Carter.
If a machine can invent, does this mean the end of the patent system as we know it? The patent system, both in the US and Europe, allows companies to protect their inventions and helps foster innovation. However, Artificial Intelligence (AI) could be set to disrupt the patent system as we know it. This talk will examine how AI may change the patent landscape in the years to come. Furthermore, ways in which companies can best protect their AI related inventions will be examined from both a US and European perspective.
Behera Rasananda is a technologist, a leader, a key note speaker has more than 20 years experience in across Government, Financial, Heath Care and Insurance Verticals. Mr. Behera has vast experience in Enterprise Cloud and Big Data solutions and Enterprise Architecture. Currently he works closely for Government Solutions on Enterprise Cloud for Federal Government Agency. Scientist Behera managed and partner with clients to make complete end to end solution and Migration to cloud both private sector and government sector with Cloud Computing and engineering with Architecture, Design and Strategy. This strategy and migration to cloud architecture and enterprise design patterns helps savings organizations of multi-million dollars annually.
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.