Health Discovery Corp. (HDVY) and Smart Personalized Medicine Join Forces to Develop New Breast Cancer Prognostic Test
Health Discovery Corp's support vector machine technology is the driving element in a new licensing agreement with Smart Personalized Medicine, LLC. Its patented technology is based on pattern recognition, which the company states also has potential in other sizable commercial markets such as oil exploration, Internet search and spam, and other areas where analysis of large volumes of complex data is required. The licensing agreement will push work on a new breast cancer prognostic test in collaboration with the MD Anderson Cancer Center at the University of Texas. It sets up Health Discovery Corporation (OTCBB: HDVY) with a 15% equity…