Welcome!

News Feed Item

Loxbridge Research Project Named a Winner of Verizon Powerful Answers Award, and Receives $700K (£425K)

Loxbridge Research (Loxbridge), a UK-based investment and project-management company, today announced that Freeno.me, a project focused on improving early cancer detection, co-innovated with Thiel Fellow Riley Ennis, has been named as one of five winners of the Verizon Powerful Answers Award in the Healthcare category. As part of the award Freeno.me receives $700K (£425K) which will serve as seed funding for the project and will be used for recruitment of staff and further development of the data analysis software platform.

Freeno.me focuses on enabling earlier cancer detection through development of a platform, which builds on emerging evidence of cell-free circulating DNA and its potential as a novel biomarker, to detect and monitor cancer at disease stages where clinical benefit can be gained. Combining proprietary software architecture being generated by Freeno.me with Loxbridge's experience in cell-free DNA, built through its founding of Premaitha Health – the UK-based prenatal diagnosis company also using cell-free DNA as a source biomarker – the project aims to make interpretable and actionable information based on cell-free DNA biomarkers available to researchers, clinicians and, eventually, patients.

There is potential for the technology to be used for treatment monitoring and new companion diagnostics, and being applied eventually through the use of cloud computing and mobile applications. Freeno.me is already in early discussions with interested pharmaceutical companies regarding the use of the platform to enhance clinical trials. Loxbridge has been actively collaborating on the project with Mr. Ennis, who was selected as one of the ‘20 under 20’ by Peter Thiel, the PayPal co-founder and early Facebook investor, for his Fellowship programme. The Fellowship aims to mentor and develop young entrepreneurs in building innovative scientific and technical projects, to create the defining companies of tomorrow.

The Verizon Powerful Answers Awards were held as an open-call competition for individuals and companies with the most innovative and empowering solutions, in the key areas of healthcare, education and sustainability. Over 1,300 ideas were submitted globally, and 10 finalists in each category were chosen to pitch their ideas to a panel of renowned judges for the opportunity to win up to $1 million (£600K). With Freeno.me, Loxbridge is the only UK-based winner. The Awards were presented by Verizon Chairman and CEO Lowell McAdam at the 2014 Consumer Electronics Show in Las Vegas, USA.

Dr Charles Roberts, CEO of Loxbridge and co-founder of Freeno.me, commented: "We are honored by Verizon's recognition of the Freeno.me technology and plan, and the benefits it may bring to patients through earlier diagnosis of life-threatening conditions in the future. We are grateful for Verizon's foresight, and the vision of CEO Lowell McAdam, who has driven these awards from the start and been extremely supportive to all of the winners. The Powerful Answers Awards offer exactly the sort of recognition, and vital source of seed funding, that can make or break an ambitious startup enterprise with a big mission during those fragile early days when securing venture investment is so challenging - and spur it on to success."

ENDS

Notes to Editors

About Loxbridge www.loxbridgeresearch.com

Loxbridge Research LLP is a UK-based investment and project-management company founded in 2008 to create innovative life sciences technologies companies addressing massive global unmet needs. It sources innovation from academic institutions, existing companies and independent scientists - as well as a significant element of internal invention via its own team and extensive network of innovation-partners / key opinion leaders. The company is headquartered in the Royal Institution of Great Britain in Mayfair, London with activities (portfolio investments, labs, and academic partnerships) elsewhere in the UK and US.

About the Verizon Powerful Answers Awards http://www.verizon.com/powerfulanswers/

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.

Latest Stories
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance across private and public clouds. Manual security compliance is slow, prone to human error, and represents over 50% of the cost of managing cloud applications. Determining how to automate cloud security compliance is critical...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
"MobiDev is a Ukraine-based software development company. We do mobile development, and we're specialists in that. But we do full stack software development for entrepreneurs, for emerging companies, and for enterprise ventures," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
While some developers care passionately about how data centers and clouds are architected, for most, it is only the end result that matters. To the majority of companies, technology exists to solve a business problem, and only delivers value when it is solving that problem. 2017 brings the mainstream adoption of containers for production workloads. In his session at 21st Cloud Expo, Ben McCormack, VP of Operations at Evernote, discussed how data centers of the future will be managed, how the p...
When applications are hosted on servers, they produce immense quantities of logging data. Quality engineers should verify that apps are producing log data that is existent, correct, consumable, and complete. Otherwise, apps in production are not easily monitored, have issues that are difficult to detect, and cannot be corrected quickly. Tom Chavez presents the four steps that quality engineers should include in every test plan for apps that produce log output or other machine data. Learn the ste...
Wooed by the promise of faster innovation, lower TCO, and greater agility, businesses of every shape and size have embraced the cloud at every layer of the IT stack – from apps to file sharing to infrastructure. The typical organization currently uses more than a dozen sanctioned cloud apps and will shift more than half of all workloads to the cloud by 2018. Such cloud investments have delivered measurable benefits. But they’ve also resulted in some unintended side-effects: complexity and risk. ...
Is it possible to migrate 100% of your data ecosystem to the cloud? Join Joe Caserta as he takes you on a complete journey to digital transformation mapping out on-prem data footprint and walking it to the cloud. Joe will also explain how the modern ecosystem supports Artificial Intelligence and will include business use cases to back each of his insights.
Your job is mostly boring. Many of the IT operations tasks you perform on a day-to-day basis are repetitive and dull. Utilizing automation can improve your work life, automating away the drudgery and embracing the passion for technology that got you started in the first place. In this presentation, I'll talk about what automation is, and how to approach implementing it in the context of IT Operations. Ned will discuss keys to success in the long term and include practical real-world examples. Ge...
Recently, REAN Cloud built a digital concierge for a North Carolina hospital that had observed that most patient call button questions were repetitive. In addition, the paper-based process used to measure patient health metrics was laborious, not in real-time and sometimes error-prone. In their session at 21st Cloud Expo, Sean Finnerty, Executive Director, Practice Lead, Health Care & Life Science at REAN Cloud, and Dr. S.P.T. Krishnan, Principal Architect at REAN Cloud, discussed how they built...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science," is responsible for setting the strategy and defining the Big Data service offerings and capabilities for EMC Global Services Big Data Practice. As the CTO for the Big Data Practice, he is responsible for working with organizations to help them identify where and how to start their big data journeys. He's written several white papers, is an avid blogge...
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
Sanjeev Sharma Joins November 11-13, 2018 @DevOpsSummit at @CloudEXPO New York Faculty. Sanjeev Sharma is an internationally known DevOps and Cloud Transformation thought leader, technology executive, and author. Sanjeev's industry experience includes tenures as CTO, Technical Sales leader, and Cloud Architect leader. As an IBM Distinguished Engineer, Sanjeev is recognized at the highest levels of IBM's core of technical leaders.
When building large, cloud-based applications that operate at a high scale, it's important to maintain a high availability and resilience to failures. In order to do that, you must be tolerant of failures, even in light of failures in other areas of your application. "Fly two mistakes high" is an old adage in the radio control airplane hobby. It means, fly high enough so that if you make a mistake, you can continue flying with room to still make mistakes. In his session at 18th Cloud Expo, Le...
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performance data from large automated systems such as heating and cooling to the people that live and work within them. Through machine learning, buildings can optimize performance, reduce costs, and improve occupant comfort by ...