health discovery corp (HDVY) Details

Health Discovery Corporation operates as a pattern recognition company that uses mathematical techniques to analyze data to uncover patterns primarily in the field of molecular diagnostics in the United States. Its intellectual property includes Support Vector Machines (SVM), Fractal Genomic Modeling (FGM), and biomarkers. The SVMs are mathematical algorithms that allow computers to sift through datasets to identify patterns; recursive feature elimination SVM identify and rank order the data points that contribute the desired results; FGM enhances the mapping of genetic pathways involved in the diagnosis and prevention of certain diseases; and biomarkers are biological indicators or genetic expression signatures of certain disease states. The company’s licensing and development products comprise genetic biomarker signature that identifies prostate cancer cells; breast cancer diagnostic technologies, such as MammoSIGHT for detecting malignancy in mammograms and MetastaSIGHT for identifying circulating tumor cells in the blood; molecular diagnostic tests for detecting pancreatic cancer; a subset of genes that separates benign prostatic hyperplasia from prostate cancer; and colon cancer-specific biomarkers for use in the development of diagnostic assays. Its development products also include MelApp, a mobile phone application to take a picture of a mole, lesion, or birthmark and receive a risk assessment for melanoma and other skin cancer; a diagnostic test to interpret flow cell cytometry data for myelodysplastic syndrome; a software tool for cytogenetic analysis; and a set of image processing operations to isolate abnormal cells in a digitized Pap smear image. The company holds a license agreement with NeoGenomics Laboratories, Inc. to develop and sell products in laboratory testing, molecular diagnostics, clinical pathology, anatomic pathology, and digital image analysis fields. Health Discovery Corporation was founded in 2001 and is based in Hanson, Massachusetts.

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