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GenomSys, Philips to Build Genome Analysis Technology Based on MPEG-G Standard

NEW YORK – GenomSys said Tuesday that it has signed a multiyear collaboration agreement with Royal Philips to codevelop software and applications based on the MPEG-G genomic data representation and compression standard.

Under the agreement, Amsterdam-based Philips has granted GenomSys a sole license to its MPEG-G patents so GenomSys can integrate this standard into its products. In return, Philips has gained permission to integrate GenomSys' MPEG-G Codec Suite, a group of software tools for processing genomic data following the MPEG-G standard, into its own platforms.

Both Philips and Lausanne, Switzerland-based GenomSys, a startup specializing in DNA data processing software, were involved in MPEG-G development. MPEG-G is the genomics version of the same MPEG associated with the MP3 format for digital audio and the MPEG-4 specification for compressing video files.

The International Organization for Standardization approved MPEG-G in late 2019. The specification has been recognized by the International Electrotechnical Commission as well, so the standard is officially known as ISO/IEC 23092.

GenomSys in March gained CE marking to sell its software as an in vitro diagnostic device.