KPMG, Coriell Life Sciences, And Thermo Fisher Scientific To Collaborate On Links Between Medications And Genes
Heightened capability aimed at improving pharmacy safety, health outcomes with the use of genetic testing
Leading life sciences company with expertise in genetic analysis instruments and consumables coupled with pharmacogenomics and medication safety management company’s capabilities available to KPMG’s Care Continuum Optimization clients
NEW YORK/PHILADELPHIA, PA, Aug. 27 – KPMG’s Clinical Intelligence (KCI) platform is helping clinicians improve the quality of care by furnishing them with pharmacogenomics data – information about how genes interact with medicines – from Coriell Life Sciences (CLS), supported by Thermo Fisher Scientific’s leading genetic analysis platform and content.
“CLS and Thermo Fisher are bringing the latest in personalized medicine to help prescribers make better choices in patient care by improving safety and quality with the help of KPMG’s healthcare analytics platform,” said Larry Burnett, advisory principal at KPMG LLP, the U.S. audit, tax and advisory firm. “This program quickly makes biomarker information available for doctors and nurses to help avoid drug-gene, drug-drug, or drug-disease interactions.”
“Pharmacy safety is one of the earliest areas where genetics has been shown to improve the quality of healthcare,” said Scott Megill, CEO and President of Coriell Life Sciences. “The collaboration between KPMG and CLS will allow us to bring this powerful new science, combined with robust data analytics and healthcare optimization made possible through the use of Thermo Fisher’s leading genetic analysis and next-generation sequencing technologies, to large population clients around the world.”
Clinicians will use CLS’ industry-leading Enterprise PGx (EPGx) program with data from Thermo Fisher platforms and trained pharmacists will assess genetic-based risks associated with a patient’s medicines. EPGx leverages genetic information with traditional medication therapy management that alerts prescribers to risks and provides medication options that can improve safety and efficacy. The results are included in the patient’s electronic health record. KPMG’s Care Continuum Optimization, a program under KCI that aims to reduce the variability of treatment, can put information in clinicians’ hands to help them develop a treatment plan aimed at improving quality measures. The data gathered also has utility for population health management and managed healthcare organizations.
Pharmacogenomics can play an important role in identifying how patients may respond to certain medicines and those at risk for adverse drug events. Many of the genes that have an impact on drug metabolism govern liver enzymes. More than 250 drugs have pharmacogenomic references in their FDA approved labels, including widely used pain relievers, cancer treatments, antidepressants and blood thinners.
Microsoft Azure foundation
KCI, which runs on Microsoft’s cloud-based Azure platform, will use pharmacogenomic data as a cohort to help healthcare providers manage clinical variation, offering greater insights into the quality of care delivery through Care Continuum Optimization. KPMG’s alliance with Microsoft enables the firm to deliver a cloud-based environment to meet the security needs of providers, payers and life sciences organizations with cost, claims, clinical, administrative, census and quality data sets to give real-time insights for client needs.
About Coriell Life Sciences
Coriell Life Sciences was formed in 2013 with the goal of bridging the gap between genetic science and clinical application and has created the most comprehensive medication safety solution in the market with its core products: Enterprise PGx, GeneDose, GeneDose LIVE and SafeTRx. Additionally, Coriell Life Sciences provides a testing and reporting infrastructure for women’s health, infectious disease testing and other healthcare scenarios that require the use of genetics to provide more precise, more appropriate care for patients. For more information, visit www.coriell.com, or follow coriell-life on LinkedIn or @CoriellLife on Twitter.
About Thermo Fisher Scientific
Thermo Fisher Scientific Inc. is the world leader in serving science, with revenues of more than $24 billion and approximately 70,000 employees globally. Our mission is to enable our customers to make the world healthier, cleaner and safer. We help our customers accelerate life sciences research, solve complex analytical challenges, improve patient diagnostics, deliver medicines to market and increase laboratory productivity. Through our premier brands – Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific and Unity Lab Services – we offer an unmatched combination of innovative technologies, purchasing convenience and comprehensive support. For more information, please visit www.thermofisher.com.
About KPMG LLP
KPMG is one of the world’s leading professional services firms, providing innovative business solutions and audit, tax, and advisory services to many of the world’s largest and most prestigious organizations.
KPMG LLP is the independent U.S. member firm of KPMG International Cooperative (“KPMG International”). KPMG International’s independent member firms have 207,000 professionals in 153 countries and territories. Learn more at www.kpmg.com/us.
Some or all of the services presented may not be permissible for KPMG audit clients or their affiliates
Coriell Life Sciences