Predictive Oncology (NASDAQ: POAI) CEO Carl Schwartz was featured in a recent NetworkNewsWire (“NNW”) audio interview. During the interview, Schwartz provided updates on the company’s subsidiaries, noted recent company milestones and outlined near-term goals. POAI, a knowledge-driven company focused on applying artificial intelligence (“AI”) to personalized medicine and drug discovery, has four wholly owned subsidiaries: Helomics, TumorGenesis, Skyline Medical and Soluble Biotech. Schwartz focused the discussion on these companies, offering brief insight into the operations of Skyline Medical and noting that the purpose of TumorGenesis was to develop a lab media to replace rats and mice in the scientific industries and in the testing of tumors, which the company has done. The next step, said Schwartz, is to get the kits out so people can use it, an effort that is “coming along handsomely.” In addition, Schwartz discussed Soluble Biotech, POAI’s newest subsidiary. Schwartz noted that the company is two labs “that we put together” and moved into a research park, quadrupling the working space. Schwartz explained that “the technology used by Soluble is proprietary. These machines . . . are the only machines of their kind. In the determination of solubility of products, they work wonders in that area.” Schwartz also discussed Helomics.
“The original basis of Helomics. . . was that physicians or hospitals would send their tumors to this company, and they would test the tumors with the known therapies of the day. . . . In that process, [Helomics] accumulated over 150,000 tumors covering over 137 different cancers. . . . That database is the largest of its kind in the world. . . .With that data, and the fact that we’ve sequenced these tumors, we have shown that we can provide quality information to anyone who needs it. There’s a lot going on at Helomics. We think we’ve validated the company. We’ve got assets that are one-of-a-kind in the world, and we think we are on our way to where we wanted to be when we first purchased this company a couple of years ago.”
To listen to the full interview, visit https://ibn.fm/xQQwT
To view the full press release, visit https://ibn.fm/MEFLq
About Predictive Oncology Inc.
Predictive Oncology operates through three segments (domestic, international and other), which contain four subsidiaries; Helomics, TumorGenesis, Skyline Medical and Soluble Biotech. Helomics applies artificial intelligence to its rich data gathered from patient tumors to both personalize cancer therapies for patients and drive the development of new targeted therapies in collaborations with pharmaceutical companies. TumorGenesis Inc. specializes in media that help cancer cells grow and retain their DNA/RNA and proteomic signatures, providing researchers with a tool to expand and study cancer cell types found in tumors of the blood and organ systems of all mammals, including humans. Skyline Medical markets its patented and FDA cleared STREAMWAY System, which automates the collection, measurement and disposal of waste fluid, including blood, irrigation fluid and others, within a medical facility, through both domestic and international divisions. Soluble Biotech is a provider of soluble and stable formulations for proteins including vaccines, antibodies, large and small proteins and protein complexes. For more information about the company, please visit www.Predictive-Oncology.com.
NOTE TO INVESTORS: The latest news and updates relating to POAI are available in the company’s newsroom at http://ibn.fm/POAI
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