PierianDx acquires Tute Genomics

Clinical genomic company PierianDx is acquiring Tute Genomics, a software company based in Provo, Utah, as part of its goal to expand and improve its business.

PierianDx specializes in creating cloud-based software for personalized medicine for clinical labs. They aim to treat somatic cancer with the addition of Tute by using their exome testing technology, the company said in a statement. By combining operations, they will provide a single clinical platform for clinical workflow support.

“We are excited to welcome Tute Genomics customers and employees to the PierianDx team,” said PierianDx CEO Ted Briscoe in a statement. “The enhanced platform will provide labs with a single clinical solution to support a comprehensive range of molecular testing for personalized medicine.”

As part of the acquisition, Tute CEO Reid Robison will join PierianDx’s board of directors. Tute COO Andy Olson and Vice President of Product Development Bryce Daines will relocate to PierianDx’s offices in St. Louis.

“PierianDx is a leader in enabling precision medicine and I am confident that this partnership will significantly accelerate our shared vision of bringing genomics and personalized medicine into everyday healthcare,” Robison said.

In December 2015, Tute acquired the assets of Knome, a human-genome interpretation company.

Katherine Davis,

Senior Writer

As a Senior Writer for TriMed Media Group, Katherine primarily focuses on producing news stories, Q&As and features for Cardiovascular Business. She reports on several facets of the cardiology industry, including emerging technology, new clinical trials and findings, and quality initiatives among providers. She is based out of TriMed's Chicago office and holds a bachelor's degree in journalism from Columbia College Chicago. Her work has appeared in Modern Healthcare, Crain's Chicago Business and The Detroit News. She joined TriMed in 2016.

Around the web

Compensation for heart specialists continues to climb. What does this say about cardiology as a whole? Could private equity's rising influence bring about change? We spoke to MedAxiom CEO Jerry Blackwell, MD, MBA, a veteran cardiologist himself, to learn more.

The American College of Cardiology has shared its perspective on new CMS payment policies, highlighting revenue concerns while providing key details for cardiologists and other cardiology professionals. 

As debate simmers over how best to regulate AI, experts continue to offer guidance on where to start, how to proceed and what to emphasize. A new resource models its recommendations on what its authors call the “SETO Loop.”