IBM & Broad Institute Launch Major Research Initiative

CAMBRIDGE, MA - 10 Nov 2016: IBM Watson Health (NYSE: IBM) and the Broad Institute of MIT and Harvard today announced a research initiative aimed at discovering the basis of cancer drug resistance. The five year, $50 million project will study thousands of drug resistant tumors and draw on Watson's computational and machine learning methods to help researchers understand how cancers become resistant to therapies. The anonymized data will be made available to the scientific community to catalyze research worldwide. To help understand how cancers become resistant to specific therapies, Broad Institute will generate tumor genome sequence data from patients who initially respond to treatment but who then become drug-resistant. Broad will use new genome-editing methods to conduct large-scale cancer drug resistance studies in the laboratory, to help identify tumors' specific vulnerabilities.