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January 8, 2018updated 20 Jul 2022 10:47am

Illumina and KingMed to develop oncology diagnostics in China

US-based gene sequencing firm Illumina has signed an agreement with Guangzhou KingMed Diagnostics Group to co-develop new oncology and hereditary disease testing applications in China.

US-based gene sequencing firm Illumina has signed an agreement with Guangzhou KingMed Diagnostics Group to co-develop new oncology and hereditary disease testing applications in China.

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Under the collaboration, Illumina’s next-generation sequencing (NGS) technology will be used to create an integrated NGS system to provide cost-effective and ready-to-use in-vitro diagnostic (IVD) assays for testing molecular oncology and hereditary cancer.

The system will integrate Illumina’s MiniSeq System and associated sequencing consumables with KingMed’s testing components such as library preparation kits and software for analysis.

Illumina Greater China vice-president and general manager Ruilin Zhao said: “This agreement is a clear demonstration of our commitment to working with broader clinical testing service providers in China who want to develop and commercialise IVDs based on NGS.

“As we continue to expand our clinical partner networks, we are focused on providing the best healthcare solutions to patients throughout China.”

“As we continue to expand our clinical partner networks, we are focused on providing the best healthcare solutions to patients throughout China.”

Intended to deliver precision medicine to patients, the system will be available through KingMed’s clinical network, after review and approval by the China Food and Drug Administration (CFDA).

KingMed Diagnostics chairman and CEO Yaoming Liang said: “Our mission is to bring state-of-the-art technology to Chinese patients by enhancing their standard of care and improving their outcomes.

“Illumina is the ideal collaborator because they have a proven track record of working with multiple domestic companies in China, in addition to being the first company with a US FDA-cleared, next-generation sequencing instrument.”

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GlobalData's APAC Medical Devices Industry Landscape – 2022 free study breaks down the APAC medical devices market by segment and region and includes insights on local and global competitors, pipeline product developments, clinical trials studies, and significant deals in the industry. The APAC medical device industry witnessed significant developments, launches, implementations, and adoption of new medical device technologies in the past decade, however the high cost of devices, regulatory hurdles, reimbursement pressure, and healthcare budget constraints have challenged market expansion across various territories and segments. APAC is the fastest growing regional market for medical device clinical trials, with China and Japan emerging as major clinical trial hotspots. The growth in medical device clinical trials in the APAC region is attributed to an increase in research partnerships between biopharma companies and clinical research organizations (CROs). This report also provides an in-depth analysis of the medical device market's opportunities and challenges, the influence of COVID-19 on the market, and government activities aimed to develop the APAC medical device market.
by GlobalData
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