On November 18, 2020 Foundation Medicine reported it has entered into a non-exclusive agreement to license two foundational patent families from TwinStrand Biosciences, a next-generation DNA sequencing technology company based in Seattle (Press release, Foundation Medicine, NOV 18, 2020, View Source [SID1234571357]).

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The patented TwinStrand Duplex Sequencing technology is a biochemistry- and software-based platform that enables researchers and clinicians to detect faint signals of ultra-low frequency DNA mutations often obscured by technical noise.

"Advancing and improving patient care is our highest priority and we’re pleased to work with partners like TwinStrand who share this same goal," said Cindy Perettie, Foundation Medicine’s chief executive officer. "We look forward to expanding this agreement with TwinStrand to explore additional areas for future collaboration."

"We are delighted to partner with Foundation Medicine, a company that shares our patient-centric mission of applying innovative science to advance cancer care globally," said Jesse Salk, MD, PhD, TwinStrand’s chief executive officer. "We are excited to help power Foundation Medicine’s commitment to delivering the highest quality data and genomic insights to physicians and their patients."