Agilent and PathAI Partner to Deliver AI-Powered Assay Development Solutions for Biopharma Research and Clinical Applications

Rhea-AI Summary

Agilent Technologies Inc. (NYSE: A) has entered into a strategic partnership with PathAI to enhance AI-powered assay development for biopharmaceutical companies.

This collaboration aims to combine Agilent's expertise in assay development with PathAI’s advanced algorithms, providing an end-to-end solution for companion diagnostics and precision medicine. As part of this partnership, Agilent will distribute PathAI’s AISight platforms across anatomic pathology laboratories globally.

The multi-year agreement also allows Agilent to commercialize future algorithms launched by PathAI, marking a significant step towards integrating AI in precision oncology.

Agilent generated $6.85 billion in revenue for fiscal 2022, indicating a robust market presence in life sciences and diagnostics.

Positive

• Strategic partnership with PathAI enhances AI-driven assay development.
• Offers an end-to-end solution for companion diagnostics and precision medicine.
• Agilent will grow its global distribution of PathAI’s AISight platforms.
• Potential for commercialization of future PathAI algorithms.

Negative

• None.

Innovative AI-powered interpretation methods to meet the future needs of precision medicine

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Agilent Technologies Inc. (NYSE: A) today announced a strategic partnership with PathAI, a leading provider of AI-powered research tools and services for pathology, to deliver biopharmaceutical organizations a solution that combines Agilent’s assay development expertise and PathAI’s algorithm development capabilities. By incorporating AI into CDx development, the partnership enables Agilent and PathAI to build integrated solutions with assays and machine learning analysis algorithms.

Through this partnership, biopharmaceutical companies can harness an end-to-end solution for AI-powered assay development, including companion diagnostics enabled by digital pathology. Agilent’s anatomic pathology workflow expertise, large install base of tissue staining systems and reagents, combined with PathAI’s proprietary algorithm development platform, and a growing network of laboratories deploying their digital pathology software solution AISight™, will enable partners to realize the value of AI-driven assays from bench to bedside.

“We are excited to partner with Agilent to offer our biopharma partners a best-in-class, AI-driven, CDx assay development offering. Incorporating AI into the start of the assay development process will maximize the assay's potential by surveying all possible data outputs, including novel scoring schemes and fully quantitative cut-points,” said Andy Beck, co-founder and CEO of PathAI. “We see this as a step change opportunity for organizations developing precision oncology therapies, further driving the industry's adoption of precision medicine.”

Agilent is dedicated to creating an open and agnostic end-to-end digital pathology solution with the vision of accelerating breakthroughs in precision medicine for customers. In line with that vision, Agilent also announces a multiyear global distribution agreement with PathAI to distribute both versions of their platform AISight* and AISight DX+ along with AIM-PD-L1 NSCLC**, an algorithm for PD-L1 quantification in non-small cell lung cancer (NSCLC), to anatomic pathology laboratories. Further, through this partnership, Agilent may also commercialize additional algorithms PathAI launches in the future.

“Agilent is thrilled to include AI tools and solutions in our precision medicine strategy. AI is an essential component for the future of precision medicine,” said Paul Beresford, vice president and general manager, Companion Diagnostics Division at Agilent. “This partnership brings together our exceptional assay development capabilities, PathAI’s expertise in digital algorithms, and Agilent’s workflow expertise to offer research, translational medicine, and diagnostics solutions of the future.”

*AISight is for research use only. Not for use in diagnostic procedures.
+AISight Dx is only cleared for use in primary diagnosis in the United States (U.S.) and European Union (EU). In the U.S., AISight Dx is cleared (K212361) for clinical use with the Philips Ultra-Fast Scanner. In the EU, AISight Dx is CE marked for clinical use with the Philips Ultra-Fast Scanner.
**AIM-PD-L1 NSCLC is for research use only. Not for use in diagnostic procedures.

About Agilent Technologies

Agilent Technologies Inc. (NYSE: A) is a global leader in the life sciences, diagnostics, and applied chemical markets, delivering insight and innovation that help our customers bring great science to life. Agilent’s full range of solutions includes instruments, software, services, and expertise that provide trusted answers to our customers' most challenging questions. The company generated revenue of $6.85 billion in fiscal 2022 and employs 18,000 people worldwide. Information about Agilent is available at www.agilent.com. To receive the latest Agilent news, please subscribe to the Agilent Newsroom. Follow Agilent on LinkedIn and Facebook.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230412005156/en/

Naomi Goumillout

Agilent Technologies

+1.978.314.1862

naomi.goumillout@agilent.com

Source: Agilent Technologies Inc.

FAQ

What is the significance of Agilent's partnership with PathAI?

The partnership aims to enhance AI-powered assay development for biopharmaceutical companies, combining expertise in assay development and algorithm capabilities.

What platforms will Agilent distribute under the new partnership?

Agilent will distribute PathAI’s AISight platforms to anatomic pathology laboratories globally.

How much revenue did Agilent Technologies generate in fiscal 2022?

Agilent generated $6.85 billion in revenue for fiscal 2022.

What is the focus of the collaboration between Agilent and PathAI?

The collaboration focuses on integrating AI into companion diagnostics and precision medicine.

How does Agilent's partnership with PathAI impact precision oncology?

The partnership aims to drive the adoption of precision medicine by improving assay development processes for precision oncology therapies.