Diaceutics PLC New AI and ML Capabilities Enhance DXRX Platform

TIDMDXRX

Diaceutics PLC

07 June 2022

7 June 2022

Diaceutics PLC

("Diaceutics" or "the Company")

New AI and machine learning capabilities enhance DXRX platform

Deepening data insights and further embedding DXRX within customers' commercial processes

Diaceutics PLC, (AIM: DXRX), a leading diagnostic commercialisation company which provides data, intelligence, and analytics to the healthcare market has announced today significant enhancements to its proprietary DXRX platform, improving the user experience.

From within their DXRX dashboard, customers can now access three new AI-powered tools, helping to ensure their medicines get to patients quicker. They are Smart Trend Analysis, Next Best Step and Event Alerts.

 
      -   Smart Trend Analysis: provides automated analysis of 
           key trends and changes within customer data to uncover 
           hidden insights including the production of bespoke, meaningful 
           commentary for use in reports, with the customer able 
           to customise the reports to focus on the datasets important 
           to them 
      -   Next Best Step: provides automated identification as 
           to where in the ecosystem customers should target their 
           diagnostics investments in order to get patients tested 
           and treated faster 
      -   Event Alerts: deliver just in time email notifications 
           on significant changes within the data, such as if a new 
           lab has started to offer diagnostic testing 
 

These services are highly sought-after by Diaceutics customers and previously relied on the expertise of the Diaceutics' data analysis team or availability of the customers' own data science resource. Now produced automatically, customer queries can be answered more comprehensively and faster than ever before.

This increased functionality represents a significant step in Diaceutics' strategy to embed its platform within its customers' own digital systems and day-to-day commercial processes.

Scott Gamester, Vice President of Data and Platform commented:

"This is an important new release for our customers, allowing a greater level of self service and flexibility when using the DXRX platform. Our smart trend analysis, next best step and event alert capabilities also recognise that our customers are busy executives and need these critical data insights as quickly as possible to support clinical and sales teams internally and physician prescribing externally.

All of this is made possible by our continued investment in platform innovation and supports Diaceutics' long term goal of seeing DXRX become an embedded part of the Pharma commercial model."

Enquiries:

 
 
  Diaceutics PLC 
Nick Roberts, Chief Financial Officer                        Via Alma PR 
 
Stifel Nicolaus Europe Limited (Nomad & Broker)      Tel: [phone] 
                                                                    7600 
Ben Maddison 
Stewart Wallace 
Nick Adams 
 
Alma PR                                               Tel: [phone] 
                                                                    0205 
Caroline Forde                                   [e-mail] 
Kieran Breheny 
Matthew Young 
 

About Diaceutics

At Diaceutics we believe that every patient should have access to the right treatment at the right time. We provide the world's leading pharmaceutical companies with an end-to-end solution for the launch of precision medicine diagnostics enabled by DXRX - The Diagnostic Network(R).

DXRX is the world's first diagnostic commercialisation platform for precision medicine, integrating multiple pipelines of real-world diagnostic testing data from a global network of laboratories.

Diaceutics' data capability is one of the three key value drivers it has integrated into its unique DXRX platform alongside its global Lab network and product suite tailored for Precision testing.

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June 07, 2022 02:01 ET (06:01 GMT)