The privately-held Texan biotech firm Caris Life Sciences presented data at the annual meeting of the American Society of Clinical Oncology (ASCO) this week, which showcased the firm’s molecular profiling technology, used to identify biomarkers for targeted medicines.
Coming soon after Merck & Co’s (NYSE: MRK) landmark biomarker-based US Food and Drug Administration approval for Keytruda (pembrolizumab), the results confirm the potential for this therapeutic approach.
The company conducted an analysis to identify the frequency of a certain kind of biomarker in approximately 53,000 tumors of a wide variety of types.
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