Biotech innovator targets more than P500-M contribution to PH economy

Malaysia News News

Biotech innovator targets more than P500-M contribution to PH economy
Malaysia Latest News,Malaysia Headlines
  • 📰 EdgeDavao
  • ⏱ Reading Time:
  • 68 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 51%

InterVenn Biosciences Philippines sees more than PHP500-million contribution to the Philippine economy this year, according to its founder and chief executive officer Aldo Carrascoso. This, as the …

InterVenn Biosciences Philippines sees more than PHP500-million contribution to the Philippine economy this year, according to its founder and chief executive officer Aldo Carrascoso.

This, as the biotechnology innovator strengthens its presence in the Philippines and Southeast Asia by opening its office at Podium West Tower in Ortigas Center, Pasig City on Friday as part of the company’s expansion plans here. “By the end of 2022, InterVenn would have brought over half a billion pesos into the Philippine economy,” Carrascoso said at the launching.The company is a pioneer in pre-cancer screening by using artificial intelligence .

“InterVenn has made significant progress in early cancer detection, thanks to the brilliant and dedicated Filipino engineers we have on board. They help build and maintain the front end, back end, and cloud infrastructure of our next-generation liquid biopsy, as we all work together to reach a world where no one should ever be blindsided by disease,” Carrascoso said.

InterVenn was one of the healthcare innovators that were met by the Department of Trade and Industry delegation in San Francisco Bay Area and Silicon Valley last March.“One hundred percent of our software is proudly Philippine-made. We started this venture with the goal of not just having the means of finding a cure and early detection for cancer, but to also showcase to everyone that we Filipinos can achieve this on a global scale,” InterVenn Philippines general manager Axel Kornerup added.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

EdgeDavao /  🏆 23. in PH

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ubud sarap!Ubud sarap!Filipino-style barbecue and adobo caught the spotlight at the Ubud Food Festival, in which foodies came together to converse and appreciate heritage food.
Read more »

PH Army private makes history as first female Scout Ranger trainerPH Army private makes history as first female Scout Ranger trainerA Philippine Army private made history as the first female soldier to hurdle the Physical Training Trainer Course (PTTC) offered by the First Scout Ranger School at Camp Tecson in...
Read more »

PH banks seen to remain robust vs. recession, rate hike shocksPH banks seen to remain robust vs. recession, rate hike shocksPhilippine banks remain generally strong to the impact of the rising interest rates and a possible recession but smaller ones need policy support due to their vulnerability to shocks, the Asean+3 M…
Read more »



Render Time: 2025-03-12 08:19:14